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Masja [62]
3 years ago
13

________ is an adjustment that is an example of a deferral. A : Cash paid or received before expenses are recognized B : Cash re

ceived before revenues are recognized C : Cash paid or received before expenses or revenues are recognized D : Cash paid or received after expenses or revenues are recognized
Business
1 answer:
Vsevolod [243]3 years ago
4 0

Answer:

C : Cash paid or received before expenses or revenues are recognized

Explanation:

When in an accrual accounting, cash is paid in advance for an expense or cash is received before providing services, is called a deferral. It is an adjustment that is required to adjust the early cash receive or payment. In that case, option C is correct because it is an example of deferral. Other options are incorrect.

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6 0
3 years ago
What are examples of cocurricular education? Check all that apply.
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4 0
2 years ago
Read 2 more answers
John borrows $100 dollars from ed. They agree that john will pay back the loan in two months at a rate of 10 percent monthly. If
ludmilkaskok [199]

Since john pays back the amount of $120, then, the interest is known as Simple interest.

The Simple interest is the easiest method of calculating an interest rate on a loan.

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Hence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.

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6 0
2 years ago
Question Workspace Productivity a. is nearly the same across countries, and so provides no help explaining differences in the st
laiz [17]

Answer:

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When the GDP is divided by the total population of a country it is called GDP per capita which reflects the average expenditure of individuals. This metric allows having an idea of what the lifestyles of those people are. Usually, <em>smaller wealthy countries such as Switzerland have higher GDP per capita showing a better quality of life.</em>

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3 years ago
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