Norbert Inc. delivered goods and services during December. Payment is expected during the first week of January. The related adj

Question

2 years ago

3

Norbert Inc. delivered goods and services during December. Payment is expected during the first week of January. The related adj

usting entry should consist of a debit to a(n) ____ account and a credit to a(n) _____ a.account. liability; b.evenue liability; c.asset asset; d.revenue revenue; asset

Business

1 answer:

maxonik [38] · Answer 1 · 2023-06-30T11:25:20+03:00

maxonik [38]2 years ago

3 0

Answer:

Norbert Inc. delivered goods and services during December. Payment is expected during the first week of January. The related adjusting entry should consist of a debit to a(n) asset account and a credit to a(n) revenue account.

Explanation:

asset; revenue