Which of the following accounts might be placed first in a journal entry?

A) Interest Payable, when it has been decreased.
B) Accounts Receivable, when it has been decreased.
C) Unearned Revenue, when it has been increased.
D) Service Revenue, when it has been increased.


A

Business

You might also like to view...

Tech-savvy customers, especially young people or "Net-geners" hold certain expectations about what businesses should offer or provide. Describe three customer service expectations as discussed in the chapter

What will be an ideal response?

Business

The costs incurred for Job A are: Total labor and overhead $37,225 Total other direct costs $10,775 The bid price for the job if the company made a 40 percent profit on the bid price is:

a. $60,000 b. $64,000 c. $80,000 d. $66,667

Business

________ involves using employees to do the work they are best suited for.

A. Delegation B. Job rotation C. Span of management D. Specialization

Business

A sample statistic, such as x, that estimates the value of the corresponding population parameter is known as a _____

a. point estimator b. parameter c. population parameter d. parameter and a population parameter

Business