Government spending consitutues about ____ of U.S. economy's aggregate demand.
A. 1/10
B. 1/6
C. 1/4
D. 1/2
Answer: B
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When a stock dividend is distributed, the account to be credited would be
a. Stock Dividends. b. Stock Dividends Distributable. c. Paid-In Capital in Excess of Par. d. Capital Stock.
The assets of a business may consist of a number of items, such as
a. accounts payable; b. cash; c. delivery fees; d. drawing; e. none of these
Only the ________ can appeal in a criminal case.
A. prosecution B. defendant C. plaintiff D. jurors
The trial balance is out of balance and the accountant suspects that a transposition or slide error has occurred. What will the accountant do to find the error?
A) Determine the amount of the error and look for that amount on the trial balance. B) Determine the amount of the error and divide by two, then look for that amount on the trial balance. C) Determine the amount of the error and refer to the journal entries for that amount D) Determine the amount of the error and divide by nine. If the result is evenly divided, then this type of error is likely.