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Accounting Questions and Answers (Q&A)

Terrijones
Answered: Oct 21, 2020
Balance Sheet

1 Answer

438 views
Toyin faks
Answered: Oct 21, 2020
Wages of assembly line personnel

1 Answer

376 views
E. Stanley, Technical writer
Answered: Nov 11, 2018
It is always wise to forecast revenue by calculating a best and a worst scenario. To forecast income rapidly it would be sensible to consider projected sales revenue by the contribution margin...Read More

2 Answers

372 views
Bcjunk
Answered: Jan 28, 2020
The answer to this question is definitely CREDIT. Think about a cash sale. Your cash will increase, so you debit cash; therefore, your entry on the revenue side MUST be credit. Revenue is also on...Read More

6 Answers

362 views
Chris Kenway, Content Writer
Answered: Jun 27, 2018
A management accountant should consider the cost relevant when the expected future cost will be different for each option. It should be remembered that there are different paths that things can...Read More

2 Answers

362 views
E.Ronald
Answered: Jan 03, 2018
Most industries fall into one of two categories. They are either a service business or a product or merchandising company where the owner sells goods or products to the public. A service business...Read More

2 Answers

357 views
Djjensen
Answered: Oct 21, 2020
Current and future years depreciation should be revised

1 Answer

355 views
Jlyons
Answered: Oct 21, 2020
None of these

1 Answer

345 views
Canja
Answered: Oct 21, 2020
Profit

Chapter 15: Marketing

1 Answer

335 views
W. Pratt, Marketing Analyst
Answered: Feb 28, 2019
The answer to this is to allocate some manufacturing overhead to each individual job. This is important because this will make sure that the process will be smooth sailing. There may be different...Read More

2 Answers

332 views
Toyin faks
Answered: Oct 21, 2020
As operating expenses on the income statement in the period incurred

1 Answer

329 views
Cobbmr
Answered: Oct 21, 2020
All of the above are intangible assets

1 Answer

328 views

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