The resulting balance in the ____________________ account is transferred to the owner's capital account

Fill in the blank(s) with correct word


income summary

Business

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Henry has a checking account that earns interest but requires a minimum balance. He tries to make sure that he maintains that minimum balance in order to earn interest on his funds. Evidently he has a:

a. U.S. Savings Bond b. certificate of deposit c. money market account d. NOW account e. IRA

Business

The exponential smoothing forecasting method requires?

a. More data than the weighted moving average technique b. Less data than the weighted moving average technique c. The same amount of data as the weighted moving average technique d. No data

Business

Dolby, Inc. issued a $5,000 face value, 10%, five-year bond at 98. What will be the journal entries at the maturity of the bond? The bonds have semiannual interest, and the company uses the straight-line method of discount amortization

What will be an ideal response

Business

________ that specialize in selection of ERP vendors may be brought in at the beginning of the process

A) Consultants B) Attornies C) Managers D) Executives E) none of the above

Business