The balance in the office supplies account on June 1 was $6,300, supplies purchased during June were $3,100, and the supplies on hand at June 30 were $2,500. The amount to be used for the appropriate adjusting entry is
A) $3,700
B) $11,900
C) $5,700
D) $6,900
D
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In 2004, the Urban Institute and the Center for What Works identified _____ that could be practical to implement.
A. goals B. values C. outcomes D. objectives
A good mission statement should
A. be company oriented. B. contain as many goals as possible. C. focus on when to market the product. D. ask the question "What is our product?" E. provide motivation for the employees of the firm.
Morgan Steel Company leases a warehouse in Jacksonville, Alabama, to serve Deep South markets that are large enough and stable enough to make a long-term commitment to fixed facilities. This is a
A. flexible warehouse. B. dispatching center. C. distribution center. D. private warehouse. E. public warehouse.
A(n) ____ is a substituted contract that involves an agreement among three parties to substitute a new promisee in place of an existing promisee, or to replace an existing promisor with a new one
A) accord B) satisfaction C) novation D) mutual rescission