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Author Question: The purpose of accounting is to provide financial information about the current operations and ... (Read 85 times)

Jkov05

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on: Jul 5, 2018
The purpose of accounting is to provide financial information about the current operations and financial conditions of a business to individuals and organizations.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

If there is a balance in the unearned subscriptions account after adjusting entries are made, it represents a(n)
 a. deferral
  b. accrual
  c. drawing
  d. revenue


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dantucker

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Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

a


Jkov05

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

Dinolord

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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