Under the perpetual inventory system, when a wholesaler returns the goods purchased on account, the ________ account is credited
A) Accounts Receivable
B) Merchandise Inventory
C) Cost of Goods Sold
D) Accounts Payable
B
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The issuance of stock decreases a company's assets and increases its stockholders' equity
a. True b. False Indicate whether the statement is true or false
Guidelines established by the National Association of Broadcast Communicators state which of the following in regards to VNRs?
A) All aired videos must indicate the parties responsible for developing the release. B) Third-party videos may not be edited by reporters and must be run in their entirety. C) Sponsorship information must be disclosed when the content is political or controversial. D) Journalists must disclose to audiences any association they have with the creator of the video. E) Sponsors may not pay reporters or television stations for airing videos created for PR purposes.
Which one of the following account groups normally has a debit balance?
A) assets and expenses B) revenues and expenses C) liabilities and revenues D) assets and liabilities
Blake racked up three safety violations in one month and was taken off the construction crew and put in the office, meaning he was no longer eligible for overtime. He pled with his boss, saying he needed the money for rent. Citing that Blake's financial situation was not a concern of the company, he was put in the office until he could demonstrate that safety was a priority. This illustrates
A. extinction. B. equity theory. C. growth need strength. D. punishment. E. negative reinforcement.