Which of the following accounts could decrease as a result of adjusting entries?
A) Prepaid Insurance.
B) Accumulated Depreciation-Buildings.
C) Rent Expense.
D) Service Revenue.
A
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A company purchased $2900 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $750 worth of merchandise. On July 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 12 is:
A. Debit Accounts Payable $2150; credit Merchandise Inventory $43; credit Cash $2107. B. Debit Accounts Payable $2900; credit Cash $2900. C. Debit Merchandise Inventory $2150; credit Cash $2150. D. Debit Cash $2150; credit Accounts Payable $2150. E. Debit Accounts Payable $2150; credit Cash $2150.
Find the minimum cost shipping solution for the transportation problem data set in the table below. Provide a table of shipping quantities and the minimum value for the shipping cost
What will be an ideal response?
Audio communication transforms touch-tone phones into data terminals
Indicate whether the statement is true or false.
Which of the following statements is CORRECT?
A. The typical R2 for a stock is about 0.94 and the typical R2 for a portfolio is about 0.6. B. The typical R2 for a stock is about 0.3 and the typical R2 for a large portfolio is about 0.94. C. The typical R2 for a stock is about 0.94 and the typical R2 for a portfolio is also about 0.94. D. The typical R2 for a stock is about 0.6 and the typical R2 for a portfolio is also about 0.6. E. The typical R2 for a stock is about 0.3 and the typical R2 for a portfolio is also about 0.3.