You can use the manual ruling method to correct an error in the journal only before posting and not to correct an error in the ledger after an entry has been posted
Indicate whether the statement is true or false
false
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In which of the following situations will the book value of a bond be equal to its maturity value?
A) The effective rate exceeds the stated rate. B) The nominal rate exceeds the yield rate. C) The market rate equals the contract rate. D) The effective rate equals the yield rate.
The unadjusted trial balance and the adjustment data for Porter Business Institute are shown below along with adjusting entry information. What is the impact of the adjusting entries on the balance sheet? Show the calculation for total assets, total liabilities, and equity without the adjustments; show the calculation for total assets, total liabilities, and equity with the adjustments. Which one provides the most accurate presentation of the balance sheet? Porter Business InstituteUnadjusted Trial BalanceDecember 31 (in millions)?Cash…………………………………………. $ 58,000??Accounts receivable…………..………………59,000??Prepaid insurance …………………………...12,000??Equipment
…………………………………….8,000??Accumulated depreciation-equipment ……….. ??$ 2,000Buildings……………………………………….57,500??Accumulated depreciation-buildings…………..??17,500Land………………………………….55,000??Unearned rent…………………………………..??16,000Long-term notes payable……………………….??50,000Common stock……………………….??50,000Retained earnings ……………………………….??65,600Tuition fees earned ……………………….??74,000Training fees earned …………………….??23,400Wages expense ……………………………32,000??Utilities expense ………………………….8,000??Property taxes expense ……………………5,000??Interest expense ……………………………4,000?________Totals ………………………………………..$ 298,500 ?$298,500 Additional information items:a. The Prepaid Insurance account consists of a payment for a 1 year policy. An analysis of the insurance invoice indicates that one half of the policy has expired by the end of the December 31 year-end.b. A cash payment for space sublet for 8 months was received on July 1 and was credited to Unearned Rent.c. Accrued interest expense on the note payable of $1,000 has been incurred but not paid. What will be an ideal response?
Explain the psychology behind a price of $9.99 instead of $10.00
What will be an ideal response?
Persuasive Requests Persuasive requests are reasonable, ethical, and logical arguments that overcome anticipated resistance. Persuasive requests include making a persuasive claim, asking a favor, requesting information, and persuading within an organization. ? Read the scenario about making a claim, and then answer the question. ? You work for the Charleston China Company in Bakersfield, CA
Your spouse is being transferred to Arlington, VA, and you will be moving. You would like to be transferred to one of Charleston China's D.C. area stores so that you can continue to work for the company after the move. You know there will be an opening in D.C. soon, but the company does not often transfer workers at your level. To get the company to transfer you, you need a _________ request message. A. routine B. persuasive Fill in the blank(s) with correct word