Which of the following is a permanent account?
A) Dividend Revenue
B) Allowance for Doubtful Accounts
C) Interest Expense
D) Sales Revenue
B
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Jimmy sells an old station wagon to Mary and tells her that it is in excellent condition. He did not bother to verify the statement of the previous owner that the car was making strange noises. Under these circumstances, Mary could best contest the agreement on the grounds of ________.
A. duress B. fraud C. mutual mistake D. unintentional tort
When the buyer bears the transportation charge, it is called freight-out
Indicate whether the statement is true or false
______ angels are successful entrepreneurs who want active involvement in the companies they invest in
a. Entrepreneur b. Professional c. Enthusiast d. Micromanagement
A __________ is used in conjunction with services
a. certification mark b. trademark c. service mark d. trade name