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Accounting Questions and Answers (Q&A)

Anika Nicole, Wordsmith
Answered: Sep 25, 2019
When you don't have more understanding about some business terms, you are very liable to misinterpret those terms. What most people know about profit is actually the gain an investor generated...Read More

3 Answers

213 views
Bcjunk
Answered: Jan 28, 2020

This is flat wrong. CASH BASIS accounting records revenue when cash is collected. Accrual basis accounting follows the matching principle and records revenue when EARNED.

2 Answers

213 views
Mario
Answered: Apr 03, 2020
Sacramento

1 Answer

213 views
Cjm
Answered: Apr 03, 2020
Debits cash and credits unearned subscriptions revenue

1 Answer

213 views
Jc
Answered: Apr 03, 2020
The billing rate and hours spent on the job

1 Answer

213 views
Macbuff
Answered: Apr 03, 2020
Generally Accepted Accounting Principles

1 Answer

213 views
Tcarteronw
Answered: Apr 03, 2020
Mortgage

1 Answer

213 views
Jc
Answered: Apr 03, 2020
The cost of transporting the machinery to its setup location

1 Answer

213 views
John Smith
Answered: Apr 03, 2020
3000

The amount that must be included in income is the lesser of the reimbursement or the excess itemized deductions for the previous year.

1 Answer

213 views

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