Answer: Option C
Explanation:
A. As per the general principles of accounting expenses are recorded on the debit side thus they are increases when debit transaction is made.
B. Transactions involving liabilities are recorded on credit side of the accounts.
C. Revenues are recorded on credit side of the transactions thus revenues increased when accounts are credited.
D. Transactions involving purchase of assets are recorded on debit side thus debit transactions increases debits.
Unions are still popular, but not as popular as they were in the late 19th century and early 20th century, because there is more capital circulation, which generally means better conditions for laborers.
Each time a dynamic report<span> is run, it gathers the most recent data in the Data Warehouse. Only the </span>report<span> definition, which remains the same over time, is stored. </span>Static reports<span>. Are run immediately upon request, and then stored with the data in the Completed </span>Reports<span> module. hope that helped</span>
The main disadvantage of the valuation method is that the terminal value tends to dominate the total value in many cases.
In a free cash flow valuation, the intrinsic value equals present value of its free cash flow and thus, the net cash flow is left over for distribution to stockholders and debt-holders in each period.
- So, the disadvantage of the free cash flow valuation method is that the terminal value tends to dominate the total value in many cases.
Hence, the Option B is correct.
Read more about this here
<em>brainly.com/question/22593826</em>
Answer:
a. Cash basis - Service revenue is $900
b. Accrual basis - Service revenue is $2,100 (which is $1200 + $900)
Explanation:
In accounting, there are 2 basis for recognizing transactions; these are cash basis and accrual basis.
In cash basis, sales and expenses are not recorded unless cash has been collected and paid respectively. In the accrual basis of accounting, expenses and sales are recorded when incurred and earned respectively.
Revenue earned under the accrual basis would therefore include the revenue for which cash has been collected and those for which cash is yet to be collected.
