Answer:
a) Fees earned (or revenues) will be understated. Net income will be understated.
b) Accounts (fees) receivable (or assets) will be understated. Owner’s equity will
be understated.
Explanation:
Adjusting entries refers to the entries that are made at the end of an accounting period in accordance with revenue recognition, principle and expense recognition principle.
All adjusting entries affect at least one income statement account (revenue or expense), and one statement of position account (asset or liability).
Answer:
The most significant difference between the private and public sectors is the ownership of the organizations within them. In the public sector, organizations are owned and controlled by the government. Meanwhile, organizations within the private sector are owned and managed by individuals or private companies
Quanah Parker was the war leader of the Quahadi band of Comanche Nation.
A 2-month-old is diagnosed with Hirschsprung disease with the resulting development of a megacolon. <u>absence of intrinsic </u><u>ganglion cells</u><u> resulting in impaired peristalsis</u><u> </u>is the most likely cause of this condition.
The vertebrate retina's ganglion cells are the last neurons to leave the cell. In the retinal wiring design, the ganglion cell gathers the electrical messages pertaining to the visual signal from the two layers of nerve cells that come before it. All common excitatory or inhibitory retinal neurotransmitters are reacted with by ganglion cells.
The retina's deepest layer, which is closest to the lens and front of the eye, contains ganglion cells. The elements of the visual world are extracted by ganglion cells, encoded in frequency-modulated spike trains, and sent coursing along the axons of the optic nerve to various visual brain areas.
To know more about ganglion cells
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Between april 12,1861 and may 12-13, 1865 in 23 states....
