Listed as follows are eight technical accounting terms introduced in this chapter. Realization principle Credit Time period principle Accounting period Matching principle Expenses Net income Accounting cycle Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the term described, or answer "None" if the statement does not correctly describe any of the terms. The span of time covered by an income statement. The sequence of accounting procedures used to record, classify, and summarize accounting information. The traditional accounting practice of resolving uncertainty by choosing the solution that leads to the lowest amount of income being recognized. An increase in owners’ equity resulting from profitable operations. The underlying accounting principle that determines when revenue should be recorded in the accounting records. The type of entry used to decrease an asset or increase a liability or owners’ equity account. The underlying accounting principle of offsetting revenue earned during an accounting period with the expenses incurred in generating that revenue. The costs of the goods and services used up in the process of generating revenue.
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Physics, 22.06.2019 15:30
At 20∘c, the hole in an aluminum ring is 2.800 cm in diameter. you need to slip this ring over a steel shaft that has a room-temperature diameter of 2.804 cm . 1. to what common temperature should the ring and the shaft be heated so that the ring will just fit onto the shaft? coefficients of linear thermal expansion of steel and aluminum are 12×10−6 k−1 and23×10−6 k−1 respectively.
Answers: 1
Physics, 22.06.2019 18:30
Adolphin emits ultrasound at 100khz and uses the timing of reflections to determine the position of objects in the water. part a what is the wavelength of this ultrasound? assume that temperature of water is 20 degrees c. answer in cm
Answers: 2
Listed as follows are eight technical accounting terms introduced in this chapter. Realization princ...
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