Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

A first course in differential equation with modelling applications

30/04/2021 Client: muhammad11 Deadline: 2 Day

Multiple-Choice Questions

1. Which of the following statements is true?

a. Under cash-basis accounting, revenues are recorded when earned and expenses are recorded when incurred.

b. Generally accepted accounting principles require companies to use cash-basis accounting.

c. The key elements of accrual-basis accounting are the revenue recognition principle, the matching principle, and the historical cost principle.

d. Accrual-basis accounting records both cash and noncash transactions when they occur.

2. In December 2009, Swanstrom, Inc., receives a cash payment of $3,000 for services performed in December 2009 and a cash payment of $10,000 for services to be performed in January 2010. Swanstrom also receives the December utility bill for $800. For December 2009, under the accrual basis of accounting, Swanstrom would recognize:

a. $13,000 of revenue and $800 of expense

b. $13,000 of revenue and $0 of expense

c. $3,000 of revenue and $800 of expense

d. $3,000 of revenue and $0 of expense

3. Which transaction would require adjustment at December 31?

a. The sale of merchandise for cash on December 30.

b. A one-year insurance policy (which is immediately effective) was purchased on December 1.

c. Common stock was issued on November 30.

d. Salaries were paid to employees on December 31 for work performed in December.

4. Which of the following statements is not true?

a. The cash account will always be affected by adjusting journal entries.

b. Adjusting entries are necessary because timing differences exist between when a revenue or expense is recognized and cash is received or paid.

c. Adjusting entries always affect one revenue or expense account and one asset or liability account.

d. Adjusting entries can be classified as either accruals or deferrals.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Accounting Homework Help
Accounting & Finance Mentor
Finance Homework Help
Homework Guru
Math Exam Success
Accounting & Finance Master
Writer Writer Name Offer Chat
Accounting Homework Help

ONLINE

Accounting Homework Help

You can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you!

$104 Chat With Writer
Accounting & Finance Mentor

ONLINE

Accounting & Finance Mentor

Give me a chance, i will do this with my best efforts

$101 Chat With Writer
Finance Homework Help

ONLINE

Finance Homework Help

I will cover all the points which you have mentioned in your project details.

$71 Chat With Writer
Homework Guru

ONLINE

Homework Guru

Hello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism

$62 Chat With Writer
Math Exam Success

ONLINE

Math Exam Success

You can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you!

$88 Chat With Writer
Accounting & Finance Master

ONLINE

Accounting & Finance Master

I will cover all the points which you have mentioned in your project details.

$71 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Effective business writing quiz - Crimes committed in medieval times - Advantages and disadvantages of hitech act - Http www facebook com help contact php show_form delete_account 60 - 1103 - Servant leadership vs followership venn diagram - Walk your way to fitness mayo clinic pdf - What is preventive and detective control - Wells fargo eliminates sales goals - Charity organization society today - Harvard project management simulation answers - How does social class effect education? - Stop googling let's talk - Nasm workout template - Why do germinated peas undergo cell respiration - Architectural styles in software engineering ppt - What is the oxidation number of phosphorus in - HRM671 LEARNING THEORIES AND TECHNOLOGY - Candy hoover group italy - What is centrelink working credit - Everything on demand the uberization of e commerce - F payton and son - Holistic self care - 4 - dictado listen as each sentence is read twice and write what you hear. - Salvador dali frida kahlo relationship - Vcaa english language grade distribution - Advanced Ergonomics - Community and public health nursing case study - Is copper pipe a pure substance - Example of solid liquid and gas - Jumbled flow process - Assignment 03: Research Topic - Speaking note - Rank the following three stocks by their risk return relationship - Crystal agile methodology ppt - Litterature - Hrm incident 1 i feel great - Organizational culture examples in movies - Eea qp form download - Herbert l smith broward county - Delivering business value with it at hefty hardware - Can you reuse breathalyzer mouthpieces - Analysis of full wave rectifier - Statistics - How to create a cvp chart in excel - Benetton we on death row campaign - Stock Repurchases - Static electricity lab report - Igcse maths past papers 2012 - Ip wccp 61 redirect in - Cis 8 - Excesses of the fat soluble vitamins are - Knoll manufacturing lends its supplier - Southern regional aquaculture center - Sm investments corporation address - Narrow view of corporate responsibility - The afterlife of cellphones - Methanol and ethanol distinguish - Psy 410 week 2 worksheet answers - Microstrip t junction power divider - SOCI writing - Propaganda how not to be bamboozled summary - Albert beveridge the march of the flag - O in roman numerals - Chemistry - Week1 project BIO2071 Microbiology SU01 - Responses - Tivo wireless g adapter walmart - Is longchamp a luxury brand - Catalyst 3750g integrated wireless lan controller switch - Multiple choice trigonometry test - Arema manual for railway engineering - Karmac sliding door rollers - Ross high school tranent - Ict games shark numbers - Monte carlo inventory simulation excel - Convert YouTube video to mp3 - Upper management's interest in outcome evaluation data is focused on - Virtual urchin our acidifying ocean - A(n) _____ is a technique that uses a common yardstick to measure and compare vendor ratings. - Villanova university lean six sigma certification - Raa aircraft for sale - I need 2300 words in Project Management Basics to answers my questions - General Biology - Under armour five forces analysis - Macbeth act 4 text - P - Introduction to management syllabus - Authentic leadership self assessment questionnaire citation - Expected return on the portfolio - 560 paper - Is toms shoes a nonprofit - Nitric acid + barium carbonate - Paddle pop begins 2 full movie - The results of accounting principals latest workonomix - Michael o donoghue kilmallock - Why would a spectroscope need to be calibrated - Volleyball line judge flag signals - Rstudio,dplyr,ggplot2 - Discussion Question