This topic contains a solution. Click here to go to the answer

Author Question: If a company has more than one revenue account, the company should a. combine the revenue accounts ... (Read 279 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
If a company has more than one revenue account, the company should
 a. combine the revenue accounts on the Income Statement.
  b. show each revenue account separately on the Income Statement.
  c. prepare two separate Income Statements.
  d. none of the answers listed

Question 2

The adjusting entry to record the accrual of wages would involve a
 a. debit to Wages Expense.
  b. credit to Cash.
  c. debit to Wages Payable.
  d. none of the answers listed



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

helenmarkerine

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

B

Answer to Question 2

A





 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

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?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library