The Following Events Pertain to Bills Company

question 33

Multiple Choice

The following events pertain to Bills Company:

Using cash-basis accounting,on which date should Bills Company record revenue for the accounting and tax services?

• A)December 30,2012.
• B)December 31,2012.
• C)January 4,2013.
• D)January 11,2013.

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Definitions:

Automobile Pedal

A lever operated with the foot in a vehicle, used for controlling its functions such as acceleration, braking, or clutch engagement.

Supination

The rotation of the forearm or foot so that the palm or sole is turned upwards or forwards.

Pronation

The rotational movement of the forearm or foot that turns the palm of the hand or sole of the foot downwards or inward.

Gait

Manner of walking.