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 61 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?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Crying Frequency in the Early Months In their first months of life, infants often cry for no appare Crying Frequency in the Early Months In their first months of life, infants often cry for no appare
The Advance of Prohibition (2 of 2) The Advance of Prohibition (2 of 2)
Advance Beneficiary Notice Form (ABN). Advance Beneficiary Notice Form (ABN).
Collecting a 24-Hour Urine Specimen Collecting a 24-Hour Urine Specimen
At 19 months, Merr would clearly pass the 17-month item on the Bayley Scales At 19 months, Merr would clearly pass the 17-month item on the Bayley Scales
Jane was due to make loan payments of S1872 nine months ago, S3074 five month ago, and S498 in ... Jane was due to make loan payments of S1872 nine months ago, S3074 five month ago, and S498 in ...
Video: Electrocardiogram Examination

For a complete list of videos, visit our video library