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

Author Question: Munoz Co prepays cash in October for insurance that covers only the month of November. Munoz Co ... (Read 64 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Jul 6, 2018
Munoz Co prepays cash in October for insurance that covers only the month of November. Munoz Co records the expense in October. Which method of accounting is Munoz Co using?
 a. accrual basis of accounting
   b. cash basis of accounting
   c. hybrid basis of accounting
   d. consolidated basis of accounting

Question 2

Digital evidence can be time sensitive, because some data are intended for only temporary storage and may be overwritten on a regular basis.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 6, 2018
Answer to Question 1

b

Answer to Question 2

TRUE


jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

The Dederiyeh I infant from Syria preserves nearly the entire skeleton of a 17- to 19- month-old Nea The Dederiyeh I infant from Syria preserves nearly the entire skeleton of a 17- to 19- month-old Nea
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
W. A. Rogers’s engraving, “Out of the Game,” showed one injured boy tending to another. It appeared W. A. Rogers’s engraving, “Out of the Game,” showed one injured boy tending to another. It appeared
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
Composition of the supreme court, as of November 2020 Composition of the supreme court, as of November 2020
October 27 2023 October 27 2023
Video: How does an animal choose what food to eat?

For a complete list of videos, visit our video library