FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

thank u Dec. 31 2015 Acc. Receivable Service Revenue Debit Credit 3.200 3.200 According to the journal above, which of the following is wrong? e

thank u
image text in transcribed
Dec. 31 2015 Acc. Receivable Service Revenue Debit Credit 3.200 3.200 According to the journal above, which of the following is wrong? e a The company recorded a revenue even if it is not billed ob The company will pay to the customer next year c. The company didn't receive cash d. The company sold a service

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Contemporary Auditing Real Issues And Cases

Contemporary Auditing Real Issues And Cases

Authors: Michael C. Knapp, Loreen Knapp

5th Edition

032418834X, 978-0324188349

More Books

Students also viewed these Accounting questions

Question

★★★★★
On January 2, 2018, Miller Properties paid $19 million for 1 million shares of Marlon Company's 6 million outstanding common shares. Miller's CEO became a member of Marlon's board of directors during...

Answered: 1 week ago

Question

★★★★★
In many programming languages, the key word creates an object in memory. a. Create b. New c. Instantiate d. Declare

Answered: 1 week ago

Question

★★★★★
=+16.7. (a) Show that if |f ., i g and g is integrable, then {f,) is uniformly integrable. Compare the hypotheses of Theorems 16.4 and 16.14.

Answered: 1 week ago

Question

★★★★★
Call centers typically have high turnover. The director of human resources for a large bank has compiled data on about 70 former employees at one of the banks call centers in the Excel file Call...

Answered: 1 week ago

Question

★★★★★
FEDERER SPORTS APPAREL Balance Sheet December 31 2019 2018 Amount % Amount % Assets Cash $2,756,500 $896,000 Accounts receivable 1,720,500 1,232,000 Inventory 3,367,000 2,032,000 Buildings 13,024,000...

Answered: 1 week ago

Question

★★★★★
Exercise 6-5 (Algo) Changes in Variable Costs. Fixed Costs, Selling Price, and Volume [LO6-4] [The following information applies to the questions Data for Hermann Corporation are shown below: yed...

Answered: 1 week ago

Question

★★★★★
During a research project, interviewers are giving a quota of interviews to complete within a given time frame. One interviewer consistently exceeds the quota but her data reveals lots of out-...

Answered: 1 week ago

Question

★★★★★
kom " A jackrabbit can run at the speed of 1.35 kilometers per minute. How fast can the jackrabbit run in miles per hour? First fill in the two blanks on the left side of the equation using two of...

Answered: 1 week ago

Question

★★★★★
1. The Contingency Planning Policy is implemented for which NIST function and sub-categories(s)? 2. Which organization is the implementation example you identified for? Which industry sector (e.g.,...

Answered: 1 week ago

Question

★★★★★
1) Last week we looked at Consumer Choice Theory, and this week, we are looking at Theory of the Firm. The major difference between these two players in an economy is that the household (consumer)...

Answered: 1 week ago

Question

★★★★★
Why does the UCC place additional accountability on merchants or the contracts it governs?

Answered: 1 week ago

Question

★★★★★
Based on the facts of the case, at which stage would you categorize teamwork at Facebook? Base your answer on the team development stages in the text.

Answered: 1 week ago

Question

★★★★★
What forms of power seemed most evident among the founding team members? Explain.

Answered: 1 week ago

Question

★★★★★
How would you describe Mark Zuckerberg as a team leader?

Answered: 1 week ago

Previous Question Next Question