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

Author Question: If a company has more than one revenue account, the company should a. combine the revenue accounts ... (Read 355 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


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
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


« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Meiosis Accounts for Independent Assortment of Alleles p2 Meiosis Accounts for Independent Assortment of Alleles p2
Example of an accounts receivable aging analysis report. Example of an accounts receivable aging analysis report.
This headache remedy was “guaranteed” by the drug company; 1906. This headache remedy was “guaranteed” by the drug company; 1906.
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ... A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Pressure Flow Model Animation

For a complete list of videos, visit our video library