Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. on september 1 2012 legal services associates (lsa

On September 1 2012 legal services associates (LSA) collected $1200 in exchange for an agreement...

50.1K

Verified Solution

Question

Accounting

On September 1 2012 legal services associates (LSA) collected $1200 in exchange for an agreement to provide services for a period of one year beginning immediately. On its December 31 2012 balance sheet LSA would report Liabilities of:

a.300 b.800 c.1200 d.400

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

Basic Math
1.2K views

14) To purchase studio space, on April 3, 2025 a pianist takes out a 30-year loan...

Basic Math
1.2K views

A questionnaire was given to students The first question asked was How stressed have you...

Calculus
1.2K views

Solve by addition.7x - 2y = 34x + 5y = 3.25

Calculus
1.2K views

Intervals of Increase and Decrease and Local Extrema Answer the following questions using the function...

Calculus
1.2K views

1 Find x e dx

Algebra
1.2K views

the graph NOTE you should see an arrow on the left and a solid dot...

Algebra
1.2K views

Simplify the following rational expression 3 x 64 2 3x 7x 20 3 x 64...

Accounting
1.2K views

Entry for Factory Labor Coste A summary of the time tickets is as follows: Journalize...

Accounting
1.2K views

Interest During Construction Matrix Inc. borrowed $1,100,000 at 8% to finance the construction of a...

Accounting
1.2K views

Journalise the following transactions: (a) Sold goods for cash RM275 to Mr Todd. (b) Mr...

Accounting
1.2K views

Q15. Which of the following is a common method used to enhance the fire safety...

Finance
1.2K views

Financial analysts have estimated the returns on shares of the Goldday Corporation and the overall...