Which of the following transactions will result in an increase in operating income as of the...
Which of the following transactions will result in an increase in operating income as of the date of the transaction?
答案选项组
Collection of cash from a customer for services to be provided at a later date.
The receipt of cash dividends from an investment.
The sale of investments at a gain.
Providing a service to a customer on account.
Homework Answers
Ans:
Providing a service to a customer on account
Explanation:
Collection of cash from a customer for services to be provided at a later date.--DEFFERED LIABILITY
The receipt of cash dividends from an investment.-FINANCE ACTIVITY
The sale of investments at a gain.-INVESTING ACTIVITY
Providing a service to a customer on account.-OPERATING ACTIVITY
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