This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A(n) ____________________ is a separate record used to summarize changes in assets, liabilities, and ... (Read 85 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
on: Jul 5, 2018
A(n) ___________________ _ is a separate record used to summarize changes in assets, liabilities, and owner's equity of a business.
 Fill in the blank(s) with correct word

Question 2

A college has a June 30 fiscal year end. Assume that tuition revenue for the summer session that begins June 1, 20X8, and ends August 31, 20X8 totals 270,000 . Tuition is billed and is due at the beginning of the session term.
 
  How much revenue should be reported as of the fiscal year ended June 30, 20X8?
  A. 270,000.
  B. 180,000.
  C. 135,000.
  D. 90,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 5, 2018
Answer to Question 1

account

Answer to Question 2

D


jjjetplane

  • Member
  • Posts: 556
Reply 2 on: Jul 5, 2018
Excellent

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Vinyl record Vinyl record
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
EEG electrodes attached to the child’s scalp provide a record of brain activity in multiple ... EEG electrodes attached to the child’s scalp provide a record of brain activity in multiple ...
Record the AC frequency as shown on the meter and subtract 50 from the reading (e.g., 60.50 -50.00 = ... Record the AC frequency as shown on the meter and subtract 50 from the reading (e.g., 60.50 -50.00 = ...
Used antifreeze coolant should be kept separate and stored in a leakproof container until it can be ... Used antifreeze coolant should be kept separate and stored in a leakproof container until it can be ...
An overlapping record extends back thousands of years of tree ring width An overlapping record extends back thousands of years of tree ring width
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library