Which pair of accounts follows the rules of debit and credit in the opposite manner?
A) Prepaid Insurance and Dividends
B) Advertising Expense and Land
C) Dividends and Service Revenue
D) Interest Payable and Common Stock
C
You might also like to view...
Which of the following statements is FALSE?
A. Marketing builds long-lasting relationships that benefit the selling firm. B. Marketing should provide direction for production, accounting, and financial activities. C. Marketing anticipates customer needs. D. Marketing is most important in a pure subsistence economy. E. Marketing doesn't occur unless two or more parties are willing to exchange something for something else.
What is emotional intelligence (EI) and how is it different from traits such as purely technical skills and cognitive abilities?
What will be an ideal response?
The market rewards firms that adopt a constant dividend payout policy rather than a fixed or increasing level of dividends through higher share prices
Indicate whether the statement is true or false
When entrepreneurs believe that their accomplishments and setbacks are within their own control and influence, they are exhibiting
a. persistent problem solving. b. an internal locus of control. c. an external locus of control. d. opportunity orientation.