Author Question: Which of the following pairs of accounts could not appear in the same adjusting entry? a. Service ... (Read 54 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
Which of the following pairs of accounts could not appear in the same adjusting entry?
 a. Service Revenue and Unearned Revenue
  b. Interest Income and Interest Expense
  c. Rent Expense and Prepaid Rent
  d. Salaries Payable and Salaries Expense

Question 2

In a(n) ____ system, use of data entry devices allows business event data to be entered directly into the information system at the time and place the business event occurs
 a. online transaction entry (OLTE)
  b. online transaction data (OLTD)
  c. Periodic
  d. electronic document management (EDM)



diesoon

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

b

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

For a complete list of videos, visit our video library