Question and answer
When a business earns revenue and receives cash, which of the following is true? Answer a. Cash is debited and revenue is credited. b. Revenue is debited and cash is credited. c. Accounts receivable is debited and revenue is credited. d. Revenue is debited and a liability is credited.
When a business earns revenue and receives cash, Cash is debited and revenue is credited- is true.
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Asked 5/6/2014 10:02:28 AM
Updated 1/20/2018 1:25:04 PM
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When a business earns revenue and receives cash, Cash is debited and revenue is credited- is true.
Added 1/20/2018 1:25:04 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [1/21/2018 9:06:26 AM]
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A divorce occurring after the execution of a will revokes dispositions of property to the former spouse. TRUE.
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relationship exists between cost flows and the physical flow of goods in a company
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The relationship exists between cost flows and the physical flow of goods in a company is: The cost flow assumptions have no relation to the physical flow of the goods in a company.
Added 3/26/2018 4:27:04 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/26/2018 8:40:42 PM]
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