Question and answer
Items owned by the business such as land, supplies and equipment are: Assets. Liabilities. Owner’s equipment. Expense.
Items owned by the business such as land, supplies, and equipment are: Assets.
s
Question
Asked 3/15/2017 9:29:00 PM
Updated 7/13/2019 9:44:36 PM
1 Answer/Comment
Get an answer
New answers
Rating
8
Items owned by the business such as land, supplies, and equipment are: Assets.
Added 7/13/2019 9:44:36 PM
This answer has been confirmed as correct and helpful.
Confirmed by Sting [7/14/2019 1:33:00 AM]
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
All changes in account balances are NOT caused by transactions between the business and another business or individual. True False
Question
Not Answered
Updated 3/15/2017 8:53:48 PM
1 Answer/Comment
All changes in account balances are NOT caused by transactions between the business and another business or individual. False.

Added 3/15/2017 8:53:48 PM
This answer has been confirmed as correct and helpful.
The twelve-month period a business chooses for its accounting period is a(n): Calendar year. Accounting period. Fiscal year. Accounting cycle
Question
Updated 362 days ago|9/20/2020 10:52:02 PM
1 Answer/Comment
The twelve-month period a business chooses for its accounting period is a: Fiscal year.
Added 362 days ago|9/20/2020 10:52:02 PM
This answer has been confirmed as correct and helpful.
Which of the following are examples is NOT a types of credit sales? Closed-account credit cards. Business credit cards. Bank credit cards. Cards issued by credit card companies.
Question
Not Answered
Updated 7/13/2019 9:31:09 PM
1 Answer/Comment
The following example is NOT a type of credit sales: Cards issued by credit card companies.
Added 7/13/2019 9:31:09 PM
This answer has been confirmed as correct and helpful.
Sales are a temporary ________ account. Liability Asset Revenue Expense User: Internal control over a company's assets should include the following procedures: Responsibilities and duties of employees will be divided. All cash receipts will be deposited into the bank the same day they arrive All cash payments will be made by check (except petty cash). All of these answers are correct.
Question
Updated 7/13/2019 9:42:55 PM
2 Answers/Comments
All of these answers are correct. Internal control over a company's assets should include the following procedures: Responsibilities and duties of employees will be divided, all cash receipts will be deposited into the bank the same day they arrive and all cash payments will be made by check (except petty cash).
Added 7/13/2019 9:40:52 PM
This answer has been confirmed as correct and helpful.
Sales are a temporary revenue account.
Added 7/13/2019 9:42:55 PM
This answer has been confirmed as correct and helpful.
Which of the following will decrease owner’s equity? An exchange of assets The purchase of an asset on credit An investment by the owner A withdrawl by the owner
Question
Updated 7/13/2019 9:47:50 PM
1 Answer/Comment
A withdrawal by the owner will decrease owner's equity.
Added 7/13/2019 9:47:50 PM
This answer has been confirmed as correct and helpful.
34,445,164
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
The correct plural of the noun attorney is _______. The primary ...
Weegy: The correct plural of noun attorney is attorneys.
9/17/2021 5:26:50 PM| 12 Answers
A child s temperament is primarily influenced by _______ factors. The ...
Weegy: A child s temperament is primarily influenced by BIOLOGICAL factors.
9/9/2021 6:19:31 PM| 6 Answers
Simplify 20 + (2 + r).
Weegy: 20 + (2 + r) User: simplify 7.5 + n + 9.63. Weegy: 7.5 + n + 9.63 = n + 17.13 User: 7.95 - 3.86 + n. ...
9/9/2021 2:42:29 PM| 4 Answers
Which statements describe a command economy?
9/8/2021 2:09:02 AM| 3 Answers
The jurisdiction receiving mutual aid can ____________ resources if ...
Weegy: The jurisdiction receiving mutual aid can DECLINE resources if they do not meet its needs. User: Which NIMS ...
9/9/2021 6:28:24 PM| 3 Answers
S
L
Points 635 [Total 871] Ratings 1 Comments 625 Invitations 0 Offline
S
L
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
P
1
L
P
1
Points 585 [Total 6458] Ratings 10 Comments 485 Invitations 0 Offline
S
L
Points 382 [Total 548] Ratings 3 Comments 352 Invitations 0 Offline
S
L
P
P
L
P
Points 304 [Total 7514] Ratings 9 Comments 214 Invitations 0 Offline
S
L
R
P
Points 175 [Total 3124] Ratings 6 Comments 115 Invitations 0 Offline
S
L
P
P
Points 133 [Total 3908] Ratings 1 Comments 123 Invitations 0 Offline
S
L
L
P
Points 131 [Total 5926] Ratings 1 Comments 121 Invitations 0 Offline
S
L
Points 126 [Total 1478] Ratings 1 Comments 116 Invitations 0 Offline
S
L
Points 116 [Total 142] Ratings 6 Comments 56 Invitations 0 Offline
S
L
Points 100 [Total 126] Ratings 0 Comments 100 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.