A business provided services to a cash customer. To record this transaction, A. an asset is debited, and a liability is credited. B. an asset is debited, and a revenue is credited. C. an expense is debited, and Capital is credited. D. None of the above

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A business provided services to a cash customer. To record this transaction, an asset is debited, and a revenue is credited.

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Asked 4/29/2015 2:56:30 PM

Updated 11/21/2015 12:25:57 PM

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Wallet.ro

A business provided services to a cash customer. To record this transaction, an asset is debited, and a revenue is credited.

Added 11/21/2015 12:25:57 PM

This answer has been confirmed as correct and helpful.

Confirmed by selymi [4/13/2016 5:01:45 AM]

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The financial statement that shows revenue and expenses for a period of time is the A. balance sheet. B. income statement. C. statement of owner’s equity. D. statement of cash flows.

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Updated 4/28/2015 10:20:46 AM

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alfred123

The financial statement that shows revenue and expenses for a period of time is the: INCOME STATEMENT.

Added 4/28/2015 10:20:46 AM

This answer has been confirmed as correct and helpful.

Confirmed by jeifunk [4/28/2015 10:34:55 AM]

The 12-month period a business chooses for its accounting period is a/an A. calendar year. B. accounting period. C. fiscal year. D. accounting cycle.

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Updated 1/10/2016 9:00:43 AM

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Wallet.ro

The 12-month period a business chooses for its accounting period is a fiscal year.

Added 1/10/2016 9:00:43 AM

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Confirmed by yumdrea [1/10/2016 9:13:25 AM]

Closing entries are prepared A. to clear all temporary accounts to zero. B. to update the Capital balance. C. at the end of the accounting period. D. All of the above

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Updated 5/8/2015 6:42:42 AM

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debnjerry

Closing entries are prepared to clear all temporary accounts to zero, update the Capital balance are prepared at the end of the accounting period. The answer is ALL OF THE ABOVE.

Added 5/8/2015 6:42:42 AM

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Convert: 13,200 ft = ________ mi A. 2 B. 3.2 C. 2.5 D. 4

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Question

Updated 4/29/2015 10:22:45 PM

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alfred123

13,200 ft = 2.5 mi

Added 4/29/2015 10:22:45 PM

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In a triangle, two of the angles measure 72° and 66°. Find the measure of the third angle. Third angle: °

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Question

Updated 4/30/2015 3:24:43 AM

1 Answer/Comment

yeswey

In a triangle, two of the angles measure 72° and 66°. The measure of the third angle is: 180 - 72 - 66 = 42 degrees.

Added 4/30/2015 3:24:43 AM

This answer has been confirmed as correct and helpful.

Confirmed by jeifunk [4/30/2015 3:29:33 AM]

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