The term “social enterprise” can be used to describe both organizations and ______.
A. goals
B. values
C. activities
D. movements
C. activities
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When the holder of an interest-bearing note is unable to collect the note when due, the journal entry includes
a. debiting Notes Receivable and crediting Accounts Receivable. b. debiting Notes Receivable and crediting Accounts Receivable and Interest Revenue. c. debiting Accounts Receivable and crediting Interest Revenue. d. debiting Accounts Receivable and crediting Notes Receivable and Interest Revenue.
A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $360,000 and direct labor hours would be 45,000. Actual manufacturing overhead costs incurred were $377,200, and actual direct labor hours were 46,000. What is the predetermined overhead rate per direct labor hour?
A) $8.00 B) $8.20 C) $8.38 D) $7.83
Red wine is often a ____ to a nice pasta dinner
A) complement B) compliment
The post-closing trial balance shows the net income for the period just ended
Indicate whether the statement is true or false