Debiting the cash account, will increase the account
Indicate whether the statement is true or false
True
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When, and only when, is an in-kind donation tax deductible?
a. The recipient is government certified as being in need. b. The donation is made through a 501(c)(3) organization. c. The donation is made through the organization’s own proprietary foundation. d. The recipient receives the donation directly, with no third party involved.
As bullying can happen to almost anyone, what should employees always be doing that can ultimately help if ever a victim of bullying?
a. seeking promotions to gain in status/hierarchical powers b. developing coalitions with ethical workers c. practicing mindfulness to be better able to handle bullying mentally d. learning about legal options for litigating against coworkers
When the amount for a debit entry in a general journal is transferred to a specific account in the general ledger, it must be posted as a:
A) debit to the account in the general ledger. B) credit to the account in the general ledger. C) total amount, without regard to debit or credit, since the general ledger accounts do not have spaces for debit and credit entries. D) decrease to the account in the general ledger.
A random sample of 144 bottles of cologne showed an average content of 4 ounces. It is known that the standard deviation of the contents (i.e., of the population) is 0.3 ounces. The point estimate of the mean content of the bottles is
A. 0.3. B. 4. C. 144. D. 2.