Which of the following is/are true regarding the T-account?

a. Actual practice does not use this form of the account, except perhaps for memoranda or preliminary analyses
b. looks like the letter T, with a horizontal line bisected by a vertical line.
c. satisfies the requirement of an account and is easy to use.
d. all of the above
e. none of the above


D

Business

You might also like to view...

Extraneous variables are all variables other than the independent variables that affect the response of the test units

Indicate whether the statement is true or false

Business

On October 30, Seba Salon, Inc issued a 90-day note with a face amount of $36,000 to Reyes Products, Inc for merchandise inventory. Determine the adjusting entry for Seba on December 31 assuming the note carries an interest rate of 8%

A) Interest Expense 720Interest Payable 720 B) Interest Expense 496Interest Payable 496 C) Interest Receivable 2,880Interest Revenue 2,880 D) Interest Receivable 480Interest Revenue 480

Business

In team leadership theory, two of the leader's primary decisions are ______.

A. to build a vision and implement change B. to monitor or take action C. to be a role model and an innovator D. to organize and to control

Business

Two models that firms can use to measure perception gap are ______.

a. the RATER model and the GAP model b. the Du Pont model and the Monsanto model c. the Consumer model and the Producer model d. the Government model and the ISO model

Business