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Alina [70]
3 years ago
5

What account would travelocity credit when you make a reservation with them? what account would be debited? answer?

Business
1 answer:
Gnesinka [82]3 years ago
5 0
You could make a reservation using Travelocity. Juts go to their site and pick your trip of your choice. When you have completed that, you can select to make a reservation and pay for that. After this, Travelocity would debit their cash account and credit their sales account.
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Answer:

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8 0
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If revenues are recognized only when a customer pays, what method of accounting is being used?Recognition basisAccrual-basisMatc
Dvinal [7]

Answer:

The correct answer here is Cash basis.

Explanation:

One of the methods of recording accounting transactions for income and expenses is cash basis accounting , where the transactions are only recorded when income is received in cash or expenses are paid in cash. This accounting method is not accepted by GAAP (Generally accepted accounting principle ) and IFRS ( International financial reporting standards ) because this method violates the income ( revenue ) and expense recognition principle.

3 0
3 years ago
What technology uses a standard web browser to provide information, and gives the wireless user the opportunity to agree to a po
Lera25 [3.4K]

Answer:

Captive Portal Access Point

Explanation:

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6 0
3 years ago
Which of the following statements about entrepreneurs is FALSE? A. Entrepreneurs are people who start a new business. B. Entrepr
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Answer:

C. Entrepreneurs aren’t exposed to any risk when starting a new business.

Explanation:

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3 years ago
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Answer:

-$210,000

Explanation:

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8 0
3 years ago
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