You have new items in your feed. Click to view.
Question and answer
Question not found
Ask a question
Not a good answer? Get an answer now. (Free)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
In classifying transactions, which of the following is true in regard to assets? A. Normal balances and increases are debits. B. Normal balances and decreases are credits. C. Normal balances can either be debits or credits for assets. D. Normal balances are debits and increases can be debits or credits.
Weegy: In classifying transactions the following is true in regard to assets: A. Normal balances and increases are debits. User: An increase in an expense account must be A. debited B. credited C. either debited or credited, depending on the circumstances D. capitalized Weegy: An increase in an expense account must be A. debited. (More)
Question
Expert Answered
Asked 2/28/2012 11:52:46 AM
0 Answers/Comments
In the first month of operations, the total of the debit entries to the cash account amounted to $1,400 and the total of the credit entries to the cash account amounted to $600. The cash account has a A. $600 credit balance B. $1,400 debit balance C. $800 debit balance D. $800 credit balance
Weegy: C. $800 debit balance. $1,400 debit entries - $600 credit entries = $800 debit balance. User: Which ledger contains control accounts? A. Accounts receivable subsidiary ledger B. General ledger C. Accounts payable subsidiary ledger D. General revenue and expense ledger (More)
Question
Expert Answered
Asked 2/28/2012 12:00:39 PM
0 Answers/Comments
Under the cash basis of accounting, A. revenue is recognized when services are performed B. expenses are matched with the revenue that is produced C. cash must be received before revenue is recognized D. a promise to pay is sufficient to recognize revenue
Weegy: B. expenses are matched with the revenue that is produced (More)
Question
Expert Answered
Updated 2/28/2012 1:43:17 PM
1 Answer/Comment
Under the cash basis of accounting: C. cash must be received before revenue is recognized.
Added 2/28/2012 1:43:17 PM
This answer has been added to the Weegy Knowledgebase
The Sarbanes Oxley Act (2002) applies to A. U.S. companies but not international companies B. international companies but not U.S. companies C. U.S. and Canadian companies but not other international companies D. U.S. and international companies
Weegy: A. U.S. companies but not international companies User: 29) The custodian of a company asset should A. have access to the accounting record for that asset B. be someone outside the company C. not have access to the accounting record for that asset D. be an accountant (More)
Question
Expert Answered
Asked 2/28/2012 12:49:48 PM
0 Answers/Comments
0 questions answered
Popular Conversations
Simplify 8(x + 3) - 2x 6x + 3 7x 6x + 24 User: Simplify 8(x + 3) - ...
Weegy: What would you like to know about the number 24?
8/25/2016 1:13:10 PM| 2 Answers
What is medicare?
8/25/2016 12:19:47 AM| 1 Answers
Find the product. 3(m n)
8/25/2016 12:35:37 AM| 1 Answers
The Babylonians in Sumer used what as a monetary commodity? A.Yen ...
Weegy: The Babylonians in Sumer used Shekel as a monetary commodity
8/25/2016 12:36:09 AM| 1 Answers
Weegy Stuff
S
Points 662 [Total 733] Ratings 4 Comments 622 Invitations 0 Offline
S
1
L
Points 550 [Total 1384] Ratings 3 Comments 520 Invitations 0 Offline
S
L
P
P
P
P
Points 453 [Total 3708] Ratings 0 Comments 453 Invitations 0 Online
S
Points 106 [Total 106] Ratings 0 Comments 106 Invitations 0 Offline
S
L
P
P
P
Points 46 [Total 3862] Ratings 0 Comments 46 Invitations 0 Offline
S
Points 40 [Total 45] Ratings 0 Comments 0 Invitations 4 Offline
S
Points 27 [Total 254] Ratings 0 Comments 27 Invitations 0 Offline
S
Points 15 [Total 15] Ratings 0 Comments 5 Invitations 1 Offline
S
L
C
Points 11 [Total 4491] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.