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

Author Question: A contra-revenue account to record returned goods is: a. Freight-In b. Purchases Returns and ... (Read 109 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
on: Jul 6, 2018
A contra-revenue account to record returned goods is:
 a. Freight-In
   b. Purchases Returns and Allowances
   c. Sales Returns and Allowances
   d. Sales Discounts

Question 2

State reimbursement to schools for a portion of special education costs incurred is an example of which category of nonexchange transactions?
 
  a. Derived tax revenue
  b. Imposed tax revenue
  c. Government mandated nonexchange revenue
  d. Voluntary nonexchange revenue


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meow1234

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

D


jrubin

  • Member
  • Posts: 552
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

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.

A stallion with a proven competition record is one criterion for being a suitable sire. A stallion with a proven competition record is one criterion for being a suitable sire.
Vasectomy. (a) Vas deferens is located within the spermatic cord on both sides. (b) A small incision Vasectomy. (a) Vas deferens is located within the spermatic cord on both sides. (b) A small incision
The Phanerozoic Oxygen Isotope Record of Seawater The Phanerozoic Oxygen Isotope Record of Seawater
An overlapping record extends back thousands of years of tree ring width An overlapping record extends back thousands of years of tree ring width
The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: Introduction to Spirometry

For a complete list of videos, visit our video library