subject
Business, 11.09.2021 20:20 castor1358

Carrie billed her legal clients $6,000 for legal work completed during the month. This transaction will Question 14 options:

cause a $6,000 increase in revenues and liabilities.

not be recorded until the cash is collected.

cause a $6,000 increase in revenues and a decrease in liabilities.

cause a $6,000 increase in assets and revenues.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:00
Ireally need with these questions.6. what level of job security do athletes and sports competitors have? why do you think this is? 22. do you think a musician has more job security than an athlete? explain.37. what is the difference between a public relations specialist and a marketing professional? 47. do you think gender inequalities still exist in the sports industry? explain.50. what are the advantages and disadvantages of labor unions? do you think labor unions are fair to employers? how might they be taken advantage of?
Answers: 1
question
Business, 22.06.2019 13:50
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
question
Business, 22.06.2019 19:20
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as
Answers: 2
question
Business, 22.06.2019 20:20
Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine
Answers: 1
You know the right answer?
Carrie billed her legal clients $6,000 for legal work completed during the month. This transaction w...
Questions
question
Mathematics, 21.10.2020 09:01
question
Mathematics, 21.10.2020 09:01
question
Mathematics, 21.10.2020 09:01
Questions on the website: 13722363