subject
Business, 28.12.2019 04:31 Roninsongrant

Meadows manufacturing follows the accrual system. an accrual results when and a deferral results when

a . $6,000 cash is received after a customer has been billed; $4,500 cash is paid for next quarter's insurance for property.
b . $6,000 cash is received before a customer has been billed; $4,500 cash is paid for next quarter's insurance for property.
c . $6,000 cash is received before a customer has been billed; $4,500 cash is paid for previous quarter's insurance for property.
d . $6,000 cash is received after a customer has been billed, $4,500 cash is paid for previous quarter's insurance for property.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability
Answers: 2
question
Business, 22.06.2019 06:00
List three careers that require knowledge of science. list three careers that require the use of of math. list three careers that require the use of foreign language. list three careers that require the use of good writing skills. list three careers that require the use of good computer skills.
Answers: 3
question
Business, 22.06.2019 09:30
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.
Answers: 1
question
Business, 22.06.2019 11:10
Which feature is a characteristic of a corporation?
Answers: 1
You know the right answer?
Meadows manufacturing follows the accrual system. an accrual results when and a deferral results wh...
Questions
Questions on the website: 13722362