At year-end, an adjusting entry is necessary to recognize the correct amount of income taxes the corporation must pay for the year

a. True
b. False
Indicate whether the statement is true or false


True

Business

You might also like to view...

The AIDA approach for persuasive messages is ideal when used with

A) the direct approach. B) the indirect approach. C) either the direct or the indirect approach. D) social media marketing. E) face to face communications.

Business

Purchase orders are sent to:

A. customers B. vendors C. carriers D. managers

Business

A group of employees that a union is seeking to represent is known as a bargaining unit

Indicate whether the statement is true or false

Business

If a store clerk/cashier is being charged with pocketing money from customers' cash payments for goods, that clerk has committed the crime of:

A) fraud. B) extortion. C) embezzlement. D) robbery.

Business