could use some help answering these two questions!thank you(: Styles...

60.1K

Verified Solution

Question

Accounting

could use some help answering these two questions!
thank you(:
image
Styles Paragraph Ciney can consist of Geor, but not equiry, securities. di Changes in their market value are reflected in net income, Which of the following businesses most likely would have a large Unearned Revenue account balance at all times? a. Realtor b. Magazine publisher C.Pharmacy d. Dry cleaners Which of the statements is FALSE: a. The accrual of interest on note payable results in an increase in liabilities and a decrease in cash. b. A current liability is created when a customer pays cash for services to be provided in the future. Current portion of long-term debt is an example of a current liability. d. Interest expense is reported under other revenues and expenses on the income statement. c

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students