Unsecured credit requires collateral to protect the payment of the debt.
Answer the following statement true (T) or false (F)
False
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Increase in trialability of an innovation is positively related to its success
Indicate whether the statement is true or false
Identify the item below that would cause the trial balance to not balance?
A. The purchase of office equipment for $2050 was posted as a debit to Office Supplies and a credit to Cash for $2050. B. The cash payment of a $1090 account payable was posted as a debit to Accounts Payable and a debit to Cash for $1090. C. The purchase of office supplies on account for $3280 was erroneously recorded in the journal as $2380 debit to Office Supplies and $2380 credit to Accounts Payable. D. A $220 cash receipt for the performance of a service was not recorded at all. E. A $1340 collection of an account receivable was erroneously posted as a debit to Accounts Receivable and a credit to Cash.
Which of the following is one of the leading indicators of concentrated ownership?
A. Family ownership B. Government regulation C. CEO Duality D. Sector size
The tax effect on the sale of the existing asset results in ________. (See Table 11.3)
A) $800 tax benefit B) $1,000 tax liability C) $1,100 tax liability D) $6,000 tax liability