Would you please describe the following accounts and tell me 1) What Financial Statement(s) they appear on 2) Are they DR or CR balance accounts1) Salary Expense (In addition to the questions above how is this different than Wages Expense?)2) Service Fee Revenue3) Sales Returns4)Interest Expense5) Acrrued Liabilities (In addition to above question can you provide and example of an accrued liability)6) Selling Expense (How is this different from Cost of Goods Sold?)

Sales Returns and Allowances account is report it like a. contra-revenue account on the income statement. b. current liability on the balance sheet. c. deduction from accounts receivable on the balance sheet. d. selling expense on the income statement.

What is the impact on the accounting equation when a payment of accountable payable is made? what is the impact on accounting equation when an account receivable is collected?  what is the impact on the accounting equation when a sell occurs? what is the impact on the accounting equation when stock is issued, in exchange for assets?  which of the following accounts is increased by a debit?  which of the following camp do not increase with a debit entry?  which of the following pairs increase with credit entries?  which of the following pairs of accounts are impacted the same with debits and credits?  which of the following count normally have a debit balance?  what type of account is prepaid insurance?

Two methods of accounting for uncollectible accounts are the     Question 40 options:   allowance method and the accrual method.   allowance method and the net realizable method.   direct write-off method and the accrual method.   direct write-off method and the allowance method.