Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: 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
A: In classifying transactions the following is true in regard to assets: A. Normal balances and increases are debits.
Get an answer
Original conversation
User: 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.
debnjerry|Points 28432|

User: Under the accrual basis of accounting A. cash must be received before revenue is recognized B. net income is calculated by matching cash outflows against cash inflows C. events that change a company?s financial statements are recognized in the periodthey occur rather than in the period in which the cash is paid or received D. the ledger accounts must be adjusted to reflect a cash basis of accounting beforefinancial statements are prepared under generally accepted accounting principles

Weegy: C. [ events that change a company?s financial statements are recognized in the periodthey occur rather than in the period in which the cash is paid or received ]
Expert answered|thewolf010|Points 200|

Question
Asked 3/17/2012 9:36:20 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,443,312 questions answered
Popular Conversations
What is the solution to the proportion? n/18 = 5/9 A. n = 2.5 B. n ...
Weegy: n/18 = 5/9; 9n = 5 * 18 9n = 90 n = 90/9 n = 10
10/12/2017 10:59:55 AM| 8 Answers
What country is John Hus from?
10/11/2017 11:05:31 AM| 2 Answers
The two infinitive functions are adjectives and noun. true or faslse
Weegy: The two infinitive functions are adjectives and noun. TRUE.
10/11/2017 11:35:51 AM| 2 Answers
A baby is usually able to self-feed with soft finger food at about ...
Weegy: A baby is usually able to do some self-feeding with soft finger food at about the age of eight months.
10/11/2017 2:04:19 PM| 2 Answers
During what part of "Bernice Bobs Her Hair" does Bernice cut ...
Weegy: Bernice cuts Marjorie's hair while she sleeps, and throws the braids in a car and walks down the street with her ...
10/12/2017 7:14:11 AM| 2 Answers
The Moon is made up mostly of _______, similar to minerals on Earth. ...
Weegy: The Moon is made up mostly of silicates, similar to minerals on Earth.
10/12/2017 9:54:42 AM| 2 Answers
The leader of the PLO (Palestine Liberation Organization) is A. ...
Weegy: IRELAND withdrew from the British Commonwealth to form an independent republic. User: The American ...
10/13/2017 7:26:44 AM| 2 Answers
Weegy Stuff
S
P
P
L
P
P
P
Points 140 [Total 2032] Ratings 11 Comments 30 Invitations 0 Online
S
P
L
Points 100 [Total 122] Ratings 0 Comments 100 Invitations 0 Offline
S
Points 77 [Total 77] Ratings 4 Comments 37 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 0 Comments 1 Invitations 1 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
L
Points 1 [Total 100] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.