Which of the following transactions affects the liabilities for Gravette, Inc?
a. Supplies are purchased for cash by Gravette.
b. Gravette places an order for merchandise with a supplier; the merchandise will be shipped to Ernest White in 60 days.
c. The owners of Gravette invest $100,000 in the company.
d. Payment is made on a bank loan which Gravette had obtained 6 months ago.
d
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A positive team affective climate has been shown to ______.
A. reduce friendships B. reduce leader member friendliness C. reduce psychological distress D. reduce negative perceptions of the emotional work environment
Accounting systems are only computerized
Indicate whether the statement is true or false
The following accounts and balances were drawn from the records of Barnes Company: Cash$4,500 Accounts receivable$2,700 Equipment$10,000 Accumulated depreciation$3,200 Accounts payable$2,800 Common stock$6,000 Based on this information alone the amount of Barnes's retained earnings is:
A. $17,200. B. $11,600. C. $5,200. D. None of these answers is correct.
Craig, the CEO of ShopRite, Inc., has noticed that one of his store locations has consistently through-the-roof sales numbers. Also, a survey completed by employees revealed that this particular location's workers showed extremely high levels of motivation and job satisfaction when compared to other locations in the region. Everyone who works there gave high praise to their manager, Jamal. What else did the survey reveal about Jamal's employees?
A. They loved Jamal but were not especially committed to the company overall. B. The highest achievers were doing it for themselves rather than out of commitment to the team. C. They demonstrated citizenship behaviors, such as volunteering after work. D. They reported higher levels of stress than stores with lower sales numbers. E. They reported feeling a lot of pressure to exceed sales goals every month.