Flyer CoBilled a Client for Flying Lessons Given in January

question 54

Multiple Choice

Flyer Co.billed a client for flying lessons given in January.The payment was received in February.Under the accrual basis of accounting, when should Flyer Co.record the revenue?

• A) January
• B) February
• C) Some in January and some in February
• D) Flyer Co.should not record any revenue

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Vigorously

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Medication that blocks histamine receptors to relieve allergy symptoms like itching, sneezing, and runny nose.

Emollient

A substance that softens and moisturizes the skin, often used to treat dry, rough, scaly, itchy skin and minor skin irritations.