Author Question: March 6 Cash 2,500 Unearned Fees 2,500 ????????????. What is the best explanation for this journal ... (Read 46 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
March 6 Cash 2,500 Unearned Fees 2,500 ????????????. What is the best explanation for this journal entry?
 a. Received cash for services performed.
  b. Received cash for services to be performed in the future.
  c. Paid cash in advance for services to be performed.
  d. Performed services for which cash is owed.

Question 2

Uniformly assigning the costs of resources to cost objects when those resources are actually used in a nonuniform way is called ________.
 
  A) activity-based costing
  B) uniform costing
  C) peanut-butter costing
  D) department costing



fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Answer to Question 1

b

Answer to Question 2

Answer: C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

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).

For a complete list of videos, visit our video library