Like a corporation, a limited liability company is a separate entity with a legal existence apart from its individual owners.
Answer the following statement true (T) or false (F)
True
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Use the following information in the adjusted trial balance for Stockton Company to answer the following questions. Stockton Company Adjusted Trial Balance For the Year ended December 31, 2010 Cash $ 6,030 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation $ 1,100 Accounts Payable 1,900 Notes Payable 4,200 Bob Steely, Capital 12,940 Bob Steely, Withdrawals
790 Fees Earned 8,750 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 85 Totals $28,890 $28,890 Determine the current assets. A) $22,530 B) $8,830 C) $21,430 D) $8,130
The coefficients of the variables in the constraint equations that represent the amount of resources needed to produce one unit of the variable are called
A) technological coefficients. B) objective coefficients. C) shadow prices. D) dual prices. E) None of the above
A sample of 24 observations is taken from a population that has 150 elements. The sampling distribution of is
a. approximately normal because xis always approximately normally distributed. b. approximately normal because the sample size is large in comparison to the population size. c. approximately normal because of the central limit theorem. d. normal if the population is normally distributed.
The check register of Clover Co indicated a cash balance of $1,580.12 January 1 . During the month Clover Co made deposits of $980.75 and $2,120.85 . During the same month Clover Co wrote checks for $140.50, $1,469.29, $690.17, $51.90, and $789.12 . What balance should the register show for cash January 31?