subject
Business, 27.09.2019 03:00 crosales102

At the time the transaction occurred, which of the following would result in an increase in net income under the accrual basis of accounting, but would not result in an increase in net income under cash basis accounting?
a. performance of services on account
b. receipt of cash for services that were performed earlier on account
c. use of supplies purchased earlier
d. purchase of supplies for cash

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:30
Consumer surplus is: the difference between the price of a product and what consumers were willing to pay for the product. the difference between the discounted price of a product and its retail price. the difference between the price paid by consumers and the price required of producers. the difference between the price of a product and consumers' valuation of the last unit of the product purchased.
Answers: 2
question
Business, 22.06.2019 16:10
Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.
Answers: 2
question
Business, 22.06.2019 18:30
> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.
Answers: 1
question
Business, 22.06.2019 18:30
Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.
Answers: 3
You know the right answer?
At the time the transaction occurred, which of the following would result in an increase in net inco...
Questions
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
English, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
question
English, 18.09.2020 01:01
question
Mathematics, 18.09.2020 01:01
Questions on the website: 13722361