Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 14, 2024

if total revenues on cash basic = 20,000 account receivable in 2016 = 10,000 account receivable in 2017 = 12,000 unearned service rev in 2016

image text in transcribed

if total revenues on cash basic = 20,000 account receivable in 2016 = 10,000 account receivable in 2017 = 12,000 unearned service rev in 2016 = 20,000 unearned service rev in 2017 = 24,000 service revenue on accrual basic is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Brand Management Audit

Authors: Mr Don Knight

1st Edition

0273649345, 978-0273649342

More Books

Students also viewed these Accounting questions

Question

★★★★★

(Treasury Stock Transactions and Presentation) Clemson Company had the following stockholders equity as of January 1, 2010. Common stock, $5 par value, 20,000 shares issued $100,000 Paid-in capital...

Answered: 1 week ago

Question

★★★★★

Staples, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $738.7 million and net sales of $24,275.5 million in 2025. Its total assets were...

Answered: 1 week ago

Question

★★★★★

9. The variances of the two groups are: (a) Indeterminate (b) Unequal (c) Assumed to be equal (d) Skewed

Answered: 1 week ago

Question

★★★★★

Echo Ridge Homes manufactures prefabricated chalets in Colorado. The company uses a perpetual inventory system and a job cost system in which each chalet is a job. The following events occurred...

Answered: 1 week ago

Question

★★★★★

if total revenues on cash basic = 20,000 account receivable in 2016 = 10,000 account receivable in 2017 = 12,000 unearned service rev in 2016 = 20,000 unearned service rev in 2017 = 24,000 service...

Answered: 1 week ago

Question

★★★★★

Question 2 ( 7 0 pts ) In Matlab, the trellis diagram for the 1 st row of Table 7 . 4 ( Constraint Length, K = 3 and rate 1 2 code ) can be stated as follows, trellis = poly 2 trellis ( 3 , { ' 1 + x...

Answered: 1 week ago

Question

★★★★★

A coin is dropped from a height of one meter and is observed to bounce half of the previous maximum height reached. What is the total vertical distance covered by the coin until at halts? A . 2 m B ....

Answered: 1 week ago

Question

★★★★★

Nicky was listening to one of her classmates give a speech about architecture in the city. At one point, the speaker used the term "green spaces" to describe city parks. Nicky heard the word "green"...

Answered: 1 week ago

Question

★★★★★

Throughout Clay's speech on the environment, he reviewed points previously discussed before introducing new points. What is the textbook term for this technique? preview O transition O internal...

Answered: 1 week ago

Question

★★★★★

Perez POPS Please read the instructions carefully. A new client of yours, Katie Perez wants to open an ice cream shop near the downtown shopping center. She will selling Frozen POPS, Frozen Ices,...

Answered: 1 week ago

Question

★★★★★

Duncan Hines produces a boxed cake mix that features Toll House chocolate chips. This is an example of rebranding. Group of answer choices false true

Answered: 1 week ago

Question

★★★★★

Are my points each supported by at least two subpoints?

Answered: 1 week ago

Question

★★★★★

Have I worked oral citations into my outline to avoid unintentional plagiarism?

Answered: 1 week ago

Question

★★★★★

Take a look at your research. Of all the evidence you have gathered for your speech, what jumps out at you? Did you come across any statistics that shocked you? Did you encounter any individuals...

Answered: 1 week ago

Previous Question Next Question