« previous next »

Author Question: The cash basis of accounting recognizes _____ when cash is received and recognizes ______when cash ... (Read 119 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jul 6, 2018
The cash basis of accounting recognizes _____ when cash is received and recognizes ______when cash is paid.
 
  Fill in the blanks with correct word

Question 2

Because adjusting entries are recorded on a work sheet, they do not need to be journalized or posted.
  Indicate whether the statement is true or false


maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 6, 2018
Answer to Question 1

Revenues, expenses

Answer to Question 2

F


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

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?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

DNA replication is the basis for the perpetuation of life through time DNA replication is the basis for the perpetuation of life through time
Mechanisms of Penile Erection and Basis for Pharmacological Treatment of Erectile Dysfunction Mechanisms of Penile Erection and Basis for Pharmacological Treatment of Erectile Dysfunction
This engraving of the Boston Massacre (1770) became the most reprinted depiction of the event, and p This engraving of the Boston Massacre (1770) became the most reprinted depiction of the event, and p
Medical assistants can quickly pull up a patient record when a phone call is received. Medical assistants can quickly pull up a patient record when a phone call is received.
Kinetic basis for preferential excision of mismatched nucleotides by a 3’ exonuclease site distant Kinetic basis for preferential excision of mismatched nucleotides by a 3’ exonuclease site distant
Development Accounting Development Accounting
Video: Hershey Chase Experiments

For a complete list of videos, visit our video library