For the following researchable question, identify two additional questions that might arise as the researcher digs deeper into the research topic. Assume that a company has just sold a portfolio of mortgage loans in exchange for cash and certain retained interests in the loans receivable. The initial question: Can the company record the transfer as a sale?

In most states, a licensee must provide a(n) of any existing agency relationships to all parties

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.