The ______________________________ department is responsible for processing vendor invoices, preparing disbursement vouchers, and recording purchase and disbursement transactions.
Fill in the blank(s) with the appropriate word(s).
accounts payable
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When expanding the explanation of how a product or service will benefit the audience, what step of the AIDA plan is being developed?
A) Attention B) Interest C) Action D) Desire E) Interactivity
The Golden Company issues $539,000 of 7%, 10-year bonds at 104 on March 31, 2019. The bonds pay interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. The journal entry to record the issuance includes a ________.
A) debit to Cash for $539,000 B) credit to Bonds Payable for $560,560 C) debit to Premium on Bonds Payable for $21,560 D) debit to Cash for $560,560
The amount of beginning retained earnings is equal to the:
A. ending retained earnings of the next year. B. beginning retained earnings of the next year. C. ending retained earnings of the prior year. D. beginning retained earnings of the prior year.
Prior to closing, Syracuse Company's accounting records showed the following balances:Retained earnings$16,800 Service revenue 21,750 Interest revenue 1,800 Salaries expense 12,300 Operating expense 3,450 Interest expense 900 Dividends 2,700 After closing, what is the balance of the Retained Earnings account?
A. $23,700 B. $21,000 C. $26,400 D. $16,800