A franchise contract may use only one type of business organization¾the sole proprietorship.
Answer the following statement true (T) or false (F)
False
You might also like to view...
The association technique is the projective technique in which the respondent is presented with a stimulus and asked to respond with the first thing that comes to mind
Indicate whether the statement is true or false
Which of the following acceptances is allowed for an offer under common law?
A) mirror image rule acceptance B) open term acceptance C) deposited rule acceptance D) additional terms acceptance
The ________ page of a formal proposal contains the name of the client organization, name of the author, and the date of submission
Fill in the blank(s) with correct word
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 Fees Earned for $1,000. C. A debit to Unearned Fees and a credit to Cash for $500. D. A debit to Fees Earned and a credit to Cash for $500. E. A debit to Fees Earned and a credit to Cash for $1,000.