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

Author Question: ________ is an accounting method in which revenue is recorded when payment is received and an ... (Read 47 times)

Mscarter

  • Full Member
  • ***
  • Posts: 159

Question 1

________ is an accounting method in which revenue is recorded when a sale is made, and an expense is recorded when the company uses an asset to produce revenue.
◦ Accrual basis
◦ Cash basis
◦ Profit basis
◦ Depreciation
◦ Deferral basis

Question 2

________ is an accounting method in which revenue is recorded when payment is received and an expense is recorded when money is paid.
◦ Accrual basis
◦ Profit basis
◦ Cash basis
◦ Depreciation
◦ Deferral basis


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mscarter on May 9, 2022

GoldenBrown

  • Full Member
  • ***
  • Posts: 166
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 41% of students answer this correctly




Mscarter

  • Member
  • Posts: 159
Reply 2 on: May 9, 2022
Gracias!


ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

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?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library