Author Question: The order to follow when preparing the operating budget is ________. A) revenues budget, ... (Read 317 times)

ahriuashd · **on:** Jul 5, 2018

The order to follow when preparing the operating budget is ________.

A) revenues budget, production budget, and direct manufacturing labor costs budget
B) costs of goods sold budget, production budget, and cash budget
C) revenues budget, manufacturing overhead costs budget, and production budget
D) cash expenditures budget, revenues budget, and production budget

Question 2

Which of the accounts below would be closed by posting a debit to the account?
a. Unearned Revenue
b. Fees Earned
c. Josh Morton, Drawing
d. Miscellaneous Expense