On March 1, a company receives $3,000 cash in advance for services to be provided evenly over the next three months. What is the correct journal entry on March 1 when the cash is received?
Which of the following is considered a long-term liability?
Which of the following is considered a long-term liability?
When forming a partnership, assets contributed by a partner…
When forming a partnership, assets contributed by a partner are recorded at:
What document is filed with the state to legally form a corp…
What document is filed with the state to legally form a corporation?
Natural resources are typically recorded at:
Natural resources are typically recorded at:
Ownership in a corporation is evidenced by:
Ownership in a corporation is evidenced by:
Which of the following is an example of a cash inflow from f…
Which of the following is an example of a cash inflow from financing activities?
Unearned revenue is classified as:
Unearned revenue is classified as:
ABC Company signed a 90-day, 10% note payable for $10,000 on…
ABC Company signed a 90-day, 10% note payable for $10,000 on March 1. The note matures and is paid in full on May 30. What is the correct journal entry to record the payment, including interest?
What is the genus of this organism?
What is the genus of this organism?