[Answered] If a company has more than one revenue account, the company should a. combine the revenue accounts ...

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Author Question: If a company has more than one revenue account, the company should a. combine the revenue accounts ... (Read 242 times)

LCritchfi

Hero Member
Posts: 519

on: Jul 6, 2018

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

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helenmarkerine

Sr. Member
Posts: 324

Reply #1 on: Jul 6, 2018

Answer to Question 1

B

Answer to Question 2

A

LCritchfi

Hero Member
Posts: 519

Reply #2 on: Jul 6, 2018

Thank you

helenmarkerine

Sr. Member
Posts: 324

Reply #3 on: Jul 6, 2018

No problemo

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Author Question: If a company has more than one revenue account, the company should a. combine the revenue accounts ... (Read 242 times)

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