A phone call accommodates verbal and nonverbal communication and visual information
Indicate whether the statement is true or false
False
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From the adjusted trial balance for Fabricated Products Company given below, prepare the necessary closing entries.Fabricated Products CompanyAdjusted Trial BalanceDecember 31?DebitCreditCash$19,400?Accounts receivable25,000?Merchandise inventory26,000?Office supplies1,900?Store equipment84,000?Accumulated depreciation-store equipment?$22,000Office equipment40,000?Accumulated depreciation-office equipment?15,000Accounts payable?12,000Notes payable?40,000Common stock?20,000Retained earnings?90,700Dividends28,000?Sales?245,000Sales discounts6,000?Sales returns and allowances16,500?Cost of goods sold145,000?Sales salaries expense32,500?Depreciation expense-store equipment11,000?Depreciation expense-office equipment7,500?Office supplies
expense1,300?Interest expense600?Totals $444,700$444,700 What will be an ideal response?
Which of the following nouns is unbiased?
A) Mankind. B) Supervisor. C) Chairman.
Political skill and emotional intelligence are negatively related to each other because you need to be emotionally insensitive to influence other people
Indicate whether the statement is true or false.C
Which of the following statements about debits is false?
A. Debits Increase Expenses. B. Debits Decrease Liabilities. C. Debits Increase Assets. D. Debits Increase Liabilities.