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V125BC [204]
4 years ago
15

The adjusting entry to record accrued revenue a.differs from the journal entry to record revenue on account. b.includes a debit

to a revenue account. c.includes a credit to an asset account. d.is the same journal entry as recording revenue on account.
Business
1 answer:
motikmotik4 years ago
8 0

Answer:

D.

Explanation:

To accrue means to grow or to accumulate over time. In accrual accounting, if the revenue recognition criteria are met in the current period, revenue will need to be accrued in the current accounting period even if cash will not been received until a later accounting period.

Accrued revenues is a type of account that require adjustment, to register the unrecorded revenues that have been earned and for which cash has not yet to be received.

The accrual journal entry to record the sale involves a debit to the accounts receivable account and a credit to sales revenue. If the sale is for cash, debit cash instead. The revenue earned will be reported as part of sales revenue in the income statement for the current accounting period.

It is the same for accrued revenue and for revenue on account.

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A customer owns 100 shares of an NYSE listed preferred stock and notices that the typical daily trading volume in the issue is l
Bingel [31]

Answer:

The broker should respond that the Specialist (DMM) on the NYSE flooris obligated to buy the stock at the current market.

Explanation:

Now under the NYSE rules, to make a nonstop market in the assigned stock. A customer is will always be guaranteed that the trade will be executed - on the other hand, the price at which the trade is effected is constantly subject to various market conditions.

So the best response from the broker is that the Specialist (DMM) on the NYSE floors is required to buy the stock at the current market.

8 0
4 years ago
According to Dean Jarley, The EXCHANGE is a place in the college where _______ happen in order to create a culture of engagement
Drupady [299]

Answer:

Conversation

Explanation:

According to Dean Jarley, The EXCHANGE is a place in the college where conversation happen in order to create a culture of engagement.

Dean Jarley said that 'the idea behind The Exchange is simple' because education at its highest level happens when people are given the opportunity to interact, discuss  and have a conversation with some other person who has brilliant ideas to share.

Furthermore, Dean Jarley believes that the more opportunities people have to engage in such conversations, the more they are likely to exchange brilliant ideas and the more learning will occur.

3 0
3 years ago
Which of the following is responsible for depth of field?
larisa86 [58]

Answer:

OI, You didn't state the answers!

Explanation:

5 0
3 years ago
Read 2 more answers
long-term assets are the focus of a. cash budgeting. b. investment planning. c. capital budgeting. d. corporate planning.
jeyben [28]

Long-term assets are the focus of corporate planning.

The process by which corporations develop strategies for accomplishing goals and meeting goals is known as corporate planning. It entails the definition of the strategy, the direction of the strategy, decision-making, and resource allocation. A corporate plan is similar to a strategic plan, but the difference is that a corporate plan directs a more complex company with multiple business units or subsidiaries. "Corporate planning includes the setting of objectives, organizing the work, people, and systems to enable those objectives to be achieved, motivating through the planning process and through the plans, measuring performance and so controlling progress of the plans, and developing people through better decision-making. It explains the direction the business as a whole is going and provides a road map to get there.

Learn more about planning from

brainly.com/question/24864915

#SPJ4

6 0
1 year ago
After the first night of her three-night stay, ms. welk complained about the noise from the lounge on the floor below her room.
kumpel [21]

This transaction is called account allowance. Account allowance includes two kinds of transactions – to reduce in the folio balance compensation for poor service and the other one is to correct posting mistakes after the close of business. This kind of transaction is recognized by the usage of an allowance voucher, allowance vouchers are typically necessitate management endorsement.

3 0
4 years ago
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