Dictionary entries use semicolons to indicate the correct places for breaking or dividing words
Indicate whether the statement is true or false
FALSE
Dictionary entries use centered dots to indicate the correct places for breaking or dividing
words.
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Sellers of merchandise offer sales discount or cash discounts in order to
a. provide an interest allowance on funds paid before the payment is due. b. induce prompt payment so that it can reduce bookkeeping costs. c. induce prompt payment so that it can reduce collection costs. d. all of the above. e. none of the above.
Teams with both difficult goals and specific incentives to attain them achieve the ________ performance levels.
A. mid-point B. highest C. good D. lowest E. fair
Define the basic concepts of responsibility, accountability, and liability as applied to ethical decisions. How are these concepts related?
What will be an ideal response?
Fare Industries pays salaries and wages every two weeks. Salaries and wages amount to $180 a day and the company has a seven-day work week. On July 31, the company pays wages for the two weeks ending July 24 and recorded the related journal entry. The adjusting journal entry, dated July 31, to record unpaid wages and salaries owed since July 25 will include a debit to:
A. Salaries and Wages Expense and a credit to Salaries and Wages Payable for $1,260. B. Salaries and Wages Expense and a credit to Salaries and Wages Payable for $2,520. C. Salaries and Wages Payable and a credit to Cash for $1,260. D. Salaries and Wages Payable and a credit to Salaries and Wages Expense for $2,520.