The balances in Labeille Accounting Services' office supplies account on February 1 and February 28 were $1200 and $150, respectively. If the office supplies expense for the month is $1400, what amount of office supplies was purchased during February?
A. $1200
B. $350
C. $1350
D. $2450
E. $150
Answer: B
You might also like to view...
Margaret has $3,200 cash after selling off her television, sound system, and personal computer. She has debts of $4,800 owing to the following creditors: Anna - $900 Bob's Shop - $1500 Hyatt's - $2100 Jones - $300 If they all agree to a composition, how much will Hyatt's be able to collect?
a. $2,100. b. $1,400. c. $700. d. $1,050.
During July and August, Crystal Cove Golf Course, located in South Carolina, offers weekday rates of $13 for a round of golf with a cart. During the rest of the year, the weekday rates are between $25 and $35. This is an example of the use of
A. differential pricing. B. incentives. C. competition-based pricing. D. demand-based pricing. E. random discounting.
Which of the following is the style of decision making whereby the leader plays no role in deliberations unless asked?
A. delegative B. consultative C. directive D. autocratic E. facilitative
Porter, when testing Maslow's hierarchy, assumed that physiological needs were being adequately satisfied for managers, so he substituted a higher-order need called ________.
A. achievement B. intellectual satisfaction C. autonomy D. spirituality