Question and answer
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
In classifying transactions the following is true in regard to assets: A. Normal balances and increases are debits.
Get an answer
Ask Weegy or search for an answer now. (Free)
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.
16,967,243 questions answered
Popular Conversations
3x + 2x = -35
Weegy: 1/4 (2x ? 12) = 2/3 (3x + 9); 1/2x - 3 = 2x + 6; 1/2x - 2x = 6 + 3; -3/2x = 9; x = 9 ? (-3/2); x = 9 * ...
7/30/2014 12:20:31 PM| 2 Answers
7+8+8=? User: 7+9
Weegy: 8/7/9=(8/7)/9= 1.143/9=0.127;
7/30/2014 3:17:02 PM| 2 Answers
Determine whether the verb tense shift in the sentence below is ...
Weegy: The moderator asked for questions as soon as the speaker has finished. The verb tense shift is INAPPROPRIATE. ...
7/30/2014 4:08:17 PM| 2 Answers
4 5/6 + x = 8
Weegy: The answer for : (x^8+x^4)/x is (x^4+x^8)/x = sum_(n=-infinity)^infinity (piecewise | 1 | n = 7 2 | n = 0 7 | n ...
7/30/2014 4:17:44 PM| 2 Answers
The moderator asked for questions as soon as the speaker has ...
Weegy: a. appropriate :) User: By the time negotiations began, many pessimists have expressed doubt about ...
7/30/2014 4:30:09 PM| 2 Answers
Consider the poem, “The Soul Selects her own Society.” Select an ...
Weegy: A. Unnatural selection would be a title that reflects the main idea of the poem. User: In “The Soul Selects ...
7/30/2014 4:43:37 PM| 2 Answers
The ideal characteristics for building materials in seismically ...
Weegy: False User: ___________ waves cause most of the damage to the built environment during an earthquake. A. ...
7/30/2014 12:07:19 AM| 1 Answers
Some of the earliest, modern human remains come from A. Ethiopia. ...
Weegy: ETHIOPIA officially known as the Federal Democratic Republic of Ethiopia, is a country located in the Horn of ...
7/30/2014 12:40:06 AM| 1 Answers
The controlling idea of a paragraph is its ...
7/30/2014 7:09:23 AM| 1 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
Points 2488 [Total 21488]| Ratings 1| Comments 2478| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
Points 2387 [Total 17516]| Ratings 0| Comments 2387| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
Points 2235 [Total 14789]| Ratings 1| Comments 2225| Invitations 0|Offline
S
L
1
Points 1709 [Total 3892]| Ratings 2| Comments 1689| Invitations 0|Online
S
L
1
1
1
1
L
1
Points 1471 [Total 7648]| Ratings 2| Comments 1451| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 1011 [Total 10619]| Ratings 0| Comments 1011| Invitations 0|Offline
S
1
L
Points 871 [Total 4547]| Ratings 2| Comments 851| Invitations 0|Online
S
P
C
L
P
L
1
Points 819 [Total 5873]| Ratings 4| Comments 779| Invitations 0|Offline
S
Points 179 [Total 183]| Ratings 0| Comments 169| Invitations 1|Offline
S
R
R
Points 160 [Total 348]| Ratings 1| Comments 140| Invitations 1|Offline
Home | Contact | Archive | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.