Select the best order for the following items appearing in income statements:
1. prepaid expenses
2. income from continuing operations
3. discontinued operations
4. prior-period adjustments
5. taxes on income from continuing operations
6. dividends
7. net income
8. revenues
9. expenses
10. income from continuing operations before income tax

a. 8 - 9 - 1 - 10 - 5 - 2 - 6 - 7
b. 8 - 9 - 10 - 5 - 2 - 3 - 7
c. 8 - 9 - 6 - 1 - 2 - 5 - 3 - 7
d. 8 - 9 - 1 - 10 - 6 - 3 - 5 - 7 - 4

Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?