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 125 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
Wow, this really help

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

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?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int
The gaping hole in the destroyer USS Cole, in the port of Aden, Yemen, was the work of suicide bombe The gaping hole in the destroyer USS Cole, in the port of Aden, Yemen, was the work of suicide bombe
The grand opening of the huge Miraflores lock on the Panama Canal in October, 1914. The locks were b The grand opening of the huge Miraflores lock on the Panama Canal in October, 1914. The locks were b
Poverty comes in many forms. Families who go into debt to buy possessions squeak by month after ... Poverty comes in many forms. Families who go into debt to buy possessions squeak by month after ...
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ... An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...
October 27 2023 October 27 2023
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library