Which of the following is an example of an accrual?
A) Debit Office Supplies Expense, credit Office Supplies
B) Debit Wages Expense, credit Wages Payable
C) Debit Rent Expense, credit Prepaid Rent
D) Debit Unearned Revenue, credit Service Revenue
B
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Answer the following statements true (T) or false (F)
1.Rather than argue over whose point of view or behavior is right, it is more productive to understand the factors that create differences in our interpretations and then work to adapt to and bridge those differences. 2.When you empathize, you also engage in perspective taking--you develop a personal sense of what the person is going through. 3.Through emotional contagion, we become physically ill because of the same feelings as another person has. 4.An ingredient in empathizing is genuine concern for the other person’s well-being. 5.Perspective taking is when you develop a personal sense of what the person is going through and is associated with empathy.
The normal balance of an account is the side (debit or credit) used to decrease the account
Indicate whether the statement is true or false
Demographic data can provide insight into the living standards and lifestyles in a particular country to help companies plan ad campaigns.
Answer the following statement true (T) or false (F)
A ________ is a distinct form of draft drawn on a financial institution and payable on demand
A) promissory note B) check C) deed D) letter of credit