A company owes its employees $5,000 for the year ended December 31. It will pay employees on January 6 for the previous two weeks' salaries. The year-end adjusting entry on December 31 will include a debit to Salaries Expense and a credit to Cash.
Answer the following statement true (T) or false (F)
False
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Studies conducted by the World Bank indicate that tropical climates allow for:
A. unparalleled trade. B. the lack of need to provide heat and shelter that is present in northern climates. C. the unimpeded reproduction and growth of weeds, viruses, birds, insects, and parasites. D. cultivation of citrus and four crops per year.
List and describe the different types of B2B customers.
What will be an ideal response?
In all circumstances, title passes to the buyer at the time and place the seller performs by delivering the goods.
Answer the following statement true (T) or false (F)
Find the interest rate per compounding period and the number of compounding periods in the following: 6% compounded quarterly for 3 years
a. 1.5%; 12 compounding periods in 3 years b. 3%; 12 compounding periods in 3 years c. 1%; 6 compounding periods in 3 years d. 2%; 6 compounding periods in 3 years