What are two criteria for identifying an economic event as an Extraordinary item?

What type of account is Member Distributions?

You issue bonds, what happens on the cash flow statement and in which section?

A client pays ABC Co. $10,000 in December to perform services in 45 days. ABC uses the accrual basis of accounting. In December ABC will debit Cash for $10,000. What will be the other account to balance this entry prepared by ABC?

What is the journal entry for salary?

When a sale is made with the credit terms 2/10 net 30, the 2 refers to the:

A company must account for its investment in another company's stock using the equity method when they own more than:

What are acceptable accounting treatments to recognize the cost of intangible assets over time?

Discount on Bonds Payable:

What is the balance sheet presentation of a Note Payable discount?

On the cash flow statement, disposal of a business or subsidiary is found in the _________ section.