« previous next »

Author Question: An account receivable is typically classified as revenue. a. True b. False Indicate whether ... (Read 11 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
on: Jul 6, 2018
An account receivable is typically classified as revenue.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

If net income for a proprietorship was 50,000, the owner withdrew 20,000 in cash and the owner invested10,000 in cash, the capital of the owner increased by 40,000.
 a. True
  b. False
 
   Indicate whether the statement is true or false


dajones82

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jul 6, 2018
Answer to Question 1

False

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Hip Typically occurs as a result of a fall; with osteoporosis, hip fractures can occur as a result o Hip Typically occurs as a result of a fall; with osteoporosis, hip fractures can occur as a result o
(A) Bronchopneumonia with localized pattern. (B) Lobar pneumonia with a diffuse pattern within the l (A) Bronchopneumonia with localized pattern. (B) Lobar pneumonia with a diffuse pattern within the l
Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
Example of calculation of days in accounts receivable (AR). Example of calculation of days in accounts receivable (AR).
True Dover Sole True Dover Sole
Video: New DNA Strand Replication

For a complete list of videos, visit our video library