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Author Question: Which of the following transactions is recorded in the revenue journal? a. sale of excess office ... (Read 18 times)

tnt_battle

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Which of the following transactions is recorded in the revenue journal?
 a. sale of excess office equipment for cash
  b. rendering services for cash
  c. rendering services on account
  d. sale of excess office equipment on account

Question 2

In which classification of net assets are expenses reported?
 
  a. only in unrestricted net assets
  b. only in temporarily restricted net assets
  c. either in unrestricted or temporarily restricted net assets
  d. either in unrestricted, temporarily restricted, or permanently restricted net assets



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Sweetkitty24130

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Answer to Question 1

c

Answer to Question 2

a





tnt_battle

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


mjenn52

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Reply 3 on: Yesterday
Excellent

 

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