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

Author Question: Type of account and normal balance of Sales Discount: a. Asset, DR b. Revenue, CR c. Liability, ... (Read 97 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
on: Jul 6, 2018
Type of account and normal balance of Sales Discount:
 a. Asset, DR
   b. Revenue, CR
   c. Liability, CR
   d. Contra-Revenue, DR

Question 2

Which of the following has the highest level of authority for a government under GAAP?
 
  a. A FASB standard.
  b. A GASB Implementation Guide.
  c. AICPA Industry Audit and Accounting Guide for local governments cleared by the GASB.
  d. An article in the Journal of Accountancy


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Shshxj

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

C


FButt

  • Member
  • Posts: 519
Reply 2 on: Jul 6, 2018
:D TYSM

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Electrocardiography. (a) Electrodes are placed on the patient’s chest to record the electrical event Electrocardiography. (a) Electrodes are placed on the patient’s chest to record the electrical event
Common Laboratory Tests and Their Normal Values Common Laboratory Tests and Their Normal Values
Voltmeter hook-ups for voltage-drop testing of a Ford-type cranking circuit. Voltmeter hook-ups for voltage-drop testing of a Ford-type cranking circuit.
A point-type ignition system showing the distributor cam which opens the points A point-type ignition system showing the distributor cam which opens the points
Water consumption by type of use Water consumption by type of use
A comparison of normal versus petite colonies in the yeast Saccharomyces cerevisiae A comparison of normal versus petite colonies in the yeast Saccharomyces cerevisiae
Video: Anatomy and Chemical Makeup of a Single Hair (Animation)

For a complete list of videos, visit our video library