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

Author Question: The ____________ requires expenses to be recorded in the same time period as revenue. a. revenue ... (Read 101 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
on: Jul 6, 2018
The ____________ requires expenses to be recorded in the same time period as revenue.
 a. revenue recognition principle
  b. matching principle
  c. accrual principle
  d. none of the answers listed

Question 2

After preparing the work sheet, adjusting entries must be recorded in the __________ and then posted to the ______________.
 a. general journal, general ledger
  b. trial balance, financial statements
  c. general journal, financial statements
  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

guyanai

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jul 6, 2018
Answer to Question 1

B

Answer to Question 2

A


vicotolentino

  • Member
  • Posts: 552
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

The philosophical journey requires self-examination. Your responsibility as a critical thinker is to The philosophical journey requires self-examination. Your responsibility as a critical thinker is to
An example of the key features of pesticide labels. The EPA requires the inclusion of specific ... An example of the key features of pesticide labels. The EPA requires the inclusion of specific ...
Coolest Period Table EVER Coolest Period Table EVER
Disitive Time For Fish Disitive Time For Fish
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Video: Blood Flow Through the Kidneys

For a complete list of videos, visit our video library