Pursuant to the power given to it by Article III of the U.S. Constitution, Congress has established the U.S. District Courts.
Answer the following statement true (T) or false (F)
True
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The corporate jet expenditure is an example of a direct fixed cost
Indicate whether the statement is true or false
On May 1, Sellers Marketing Company received $1,500 from Franco Marcelli for a marketing campaign effective from May 1 of the current year to April 30 of the following year. The Cash receipt was recorded as unearned fees and at year-end on December 31, $1,000 of the fees had been earned. Assuming adjustments are only made at year-end, the adjusting entry on December 31 would be:
A. A debit to Fees Earned and a credit to Unearned Fees for $500. B. A debit to Unearned Fees and a credit to Cash for $500. C. A debit to Fees Earned and a credit to Cash for $500. D. A debit to Unearned Fees and a credit to Fees Earned for $1,000. E. A debit to Fees Earned and a credit to Cash for $1,000.
A crime is:
a. a private wrong that necessitates litigation between the victim and the perpetrator. b. any act prohibited by the government or an omission of an act required by public law and made punishable by the government in a judicial proceeding brought by it. c. litigation where the injured party sues to recover compensation for the damages and injury sustained as a result of the defendant's wrongful conduct. d. wrongful conduct as set forth in statutes that constitute the supreme law of the land.
Under the RUPA, in a term partnership, if within 90 days after any specified cause of dissolution occurs, fewer than half of the remaining partners express their will to wind up the partnership business, the partnership will not dissolve
a. True b. False Indicate whether the statement is true or false