Labels on fresh meat must indicate where the food originated.
Answer the following statement true (T) or false (F)
True
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Blanton Corporation purchased 35% of the outstanding shares of common stock of Worton Corporation as a long-term investment. Subsequently, Worton Corporation reported net income and declared and paid cash dividends. What journal entry would Blanton Corporation use to record the dividends it receives from Worton Corporation?
a. debit Investment in Worton Corporation Stock; credit Cash b. debit Cash; credit Dividend Revenue c. debit Investment in Worton Corporation Stock; credit Income of Worton Corporation d. debit Cash; credit Investment in Worton Corporation Stock
Internal controls are used to ensure proper accounting for transactions
Indicate whether the statement is true or false
What is the update anomaly?
Additive manufacturing can use which of the following materials?
A) plastics B) ceramics C) living cells D) chocolate E) all of the above