This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An example of unearned revenues a. Collecting 3 months rent in advance b. Paying 3 months rent in ... (Read 60 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
on: Jul 6, 2018
An example of unearned revenues
 a. Collecting 3 months rent in advance
   b. Paying 3 months rent in advance
   c. Collecting the current month's rent
   d. Paying the current month's rent

Question 2

Taxes receivable of 80,000, which have a related allowance for uncollectible taxes of 8,000, become delinquent. The entry to record this includes a debit to
 
  A. Taxes Receivable  Current.
  B. Allowance for Uncollectible Current Taxes.
  C. Allowance for Uncollectible Delinquent Taxes.
  D. Revenues  Property Taxes.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

marict

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 6, 2018
Answer to Question 1

a

Answer to Question 2

B


codyclark

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jul 6, 2018
Thank you :)


marict

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Jul 6, 2018
Happy to help you


« previous next »
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

A gray squirrel, seven months of age near Mobile, Alabama A gray squirrel, seven months of age near Mobile, Alabama
A health history is essential in collecting subjective data about metabolic acidosis. A health history is essential in collecting subjective data about metabolic acidosis.
Deciduous and permanent teeth. (A) The deciduous teeth, with the age of eruption given in months; (B Deciduous and permanent teeth. (A) The deciduous teeth, with the age of eruption given in months; (B
6 months in the uterus 6 months in the uterus
Advance Beneficiary Notice Form (ABN). Advance Beneficiary Notice Form (ABN).
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Deafness Culture

For a complete list of videos, visit our video library