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NEW QUESTION: 1

A. Option E
B. Option C
C. Option D
D. Option B
E. Option A
Answer: B,C,E

NEW QUESTION: 2
A service entity keeps its accounting records on a cash basis. During the recent year the entity collected US $600,000 from customers. The following information is also available:

What was the amount of service revenue for the year on an accrual basis?
A. US $645.000
B. US $675.000
C. US $525.000
D. US $555,000
Answer: A
Explanation:
The amount of service revenue for the year on an accrual basis equals US $645,000$600,000 cash collected - $15,000 unearned revenue + $60,000 increase in accounts receivable).

NEW QUESTION: 3

A. Windows 8.1
B. Mac OS X 10.10
C. Android 9
D. Android 10
Answer: A,D
Explanation:
Explanation
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