« previous next »

Author Question: An account that is used to record merchandise bought for resale: a. Purchases Account b. ... (Read 138 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
on: Jul 6, 2018
An account that is used to record merchandise bought for resale:
 a. Purchases Account
   b. Purchases Returns & Allowance
   c. Sales Discount
   d. Supplies

Question 2

Under the modified accrual basis, revenues are considered susceptible to accrual if
 
  a. available to finance current period expenditures.
  b. objectively measurable.
  c. collected during the current period.
  d. both available to finance current period expenditures and objectively measurable.


sabina576

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jul 6, 2018
Answer to Question 1

a

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Record from a Polygraph Record from a Polygraph
Equipment Inventory Record Equipment Inventory Record
An example of an intake screen in an electronic health record. An example of an intake screen in an electronic health record.
An overlapping record extends back thousands of years of tree ring width An overlapping record extends back thousands of years of tree ring width
Buildings account for 15% of greenhouse gas emissions Buildings account for 15% of greenhouse gas emissions
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ... A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library