New equipment for the office was purchased for $1,500 on account from Custom Computers.

The journal entry would include a:
A) debit to Office Equipment and a credit to Cash.
B) credit to Cash and a debit to Office Equipment Expense.
C) debit to Office Equipment and a credit to Accounts Payable.
D) debit to Accounts Payable and a credit to Cash.


C) debit to Office Equipment and a credit to Accounts Payable.

Business

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Answer the following statements true (T) or false (F)

1. Paul, who is normally an ethical person, has an opportunity to acquire what he feels is "easy" money in his job, and he believes it is safe to steal the money because nobody would know if he does take it. Paul rationalizes that it is fine to steal the money because he needs it more than the person whom the money belongs to. The psychological mechanism that causes Paul to want to steal the money is poor self-esteem. 2. Habitual cheating tends to begin with small infractions, such as illegally downloading books and songs, and then grows by increments into an ongoing deliberate strategy of deception or fraud. 3. Prior to a 2010 natural-gas pipeline explosion in San Bruno, California, Pacific Gas & Electric chose to use its surplus revenues to improve safety, an example of ethical decision making. 4. The employees of a production facility that produce parts for boats are meeting to discuss ways to control rising costs, which are affecting their bonus (incentive pay). The employees are internal stakeholders of the factory. 5. The task environment of Top-Notch Sewing consists of just two groups, customers and stockholders, who give the employees and management of Top-Notch the daily tasks that the company's employees will handle.

Business

What are the various kinds or sources of American law? Discuss how these various types of law interrelate to form the system of law in the United States

Business

A firm can vary supply of product by controlling

A) revenue. B) pricing. C) demand. D) capacity.

Business

The Supreme Court decision in New York Times Co v. Sullivan made it more difficult for a public official to sue for defamation for published statements made about his or her public life

Indicate whether the statement is true or false

Business