« previous next »

Author Question: Which of the following situations increase owner's equity? a. Supplies are purchased on account. ... (Read 101 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
on: Jul 5, 2018
Which of the following situations increase owner's equity?
 a. Supplies are purchased on account.
  b. Services are provided on account.
  c. Cash is received from customers on account.
  d. Utility bill will be paid next month.

Question 2

Product-cost cross-subsidization ________.
 
  A) exists when one overcosted product results in more than one other product being overcosted
  B) means that if a company undercosts more than one of its products, it will overcost more than one of its other products
  C) means that if a company undercosts one of its products, it will overcost at least one of its other products
  D) exists only when one overcosted product results in all other products being overcosted


gcook

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jul 5, 2018
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
« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
The Head Start program was designed to increase the school readiness of low-income children. The Head Start program was designed to increase the school readiness of low-income children.
The age-related increase in spirituality is different for two cohorts born seven years apart. The ... The age-related increase in spirituality is different for two cohorts born seven years apart. The ...
Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ... Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ...
Increase in Surface Area by Mechanical Weathering Increase in Surface Area by Mechanical Weathering
The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library