What is a "credit score?" Pick the most accurate definition.

The Sky Blue Corporation has the following adjusted trial balance at December 31. Debit Credit Cash $ 1,230 Accounts Receivable

solniwko [45]

Answer:

Net Income $ 7220

Explanation:

4 0

3 years ago

_________revenue arises when a business receives cash in one period, but does not provide all of the related goods or services u

bazaltina [42]

Answer:

Deferred

Explanation:

Deferred revenue arises when a business receives cash in one period, but does not provide all of the related goods or services until a later period.

Deferred revenue are the payment received by the company or individual in advance for the product which is not been delivered yet or for the services which are not yet performed. It is not considered as revenue by companies, that´s why they report the deferred revenue as a liability in the balance sheet of the company.

8 0

3 years ago

When looking at the purchase of accounting software, things to avoid include

Elenna [48]

Answer:

4) C) software that requires a high annual subscription whether you want the updates or not

Explanation:

7 0

3 years ago

What is the main disadvantage of moving to e-moneyLOADING... or moving to a cashless society? A. Funds are debited too quickly

Nady [450]

The correct answer is D) There are problems with security and privacy.

The main disadvantage of moving to e-money LOADING... or moving to a cashless society is "There are problems with security and privacy."

Technology has brought many advantages to the way people do business, facilitating transactions, bank payments, deposits, and many more functions. However, it also has risks and disadvantages. The most important risk that has already affected thousands of people is the security and privacy of data.

There have been cases such as the clients of Target supermarket that suffered from stolen information and hackers used their credit cards to make purchases. Private concerns of data uploaded on social media sites such as Faceb*ok have been used to other purposes and the President of this company had to testify members of the US Congress.

7 0

3 years ago

For each of the items indicate whether its amount affects the bank or book side of a bank reconciliation and is an addition or a

gulaghasi [49]

Answer:

The correct answer is:

a) Unrecorded deposits : bank addition

b) Interest on cash balance : book addition

c) Bank service charges : book subtraction

d) Debit memos : book subtraction

e) Outstanding Checks : bank subraction

f) Credit memos : book addition

g) NSF checks : book subtraction

Do unrecorded deposits require an adjusting journal entry? No

Does interest on cash balance require an adjusting journal entry? Yes

Do bank service charges require an adjusting journal entry? Yes

Do debit memos require an adjusting journal entry? Yes

Do outstanding checks require an adjusting journal entry? No

Do credit memos require an adjusting journal entry? Yes

Do NSF checks require an adjusting journal entry? Yes

8 0

4 years ago

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