An attacker must break through two firewalls to get to a host. This illustrates the principle called ________. (Select the most specific answer.)
A) comprehensive security
B) risk assurance
C) having a DMZ
D) defense in depth
D
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Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2015 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2015 . Park paid the amount due on June 13, 2015. Park uses the periodic inventory system. What effect does recording
the purchase of merchandise on June 5, 2015 have on Park's accounting equation? a. Assets and liabilities increase. b. Liabilities increase and stockholders' equity decreases. c. Assets and stockholders' equity increase. d. Liabilities and stockholders' equity decrease.
Lubing Company Lubing Company sold merchandise to Lewing Corporation. on December 1, 2012, for $100,000. Lubing accepted a promissory note from Lewing Corporation for $100,000. The note has a term of 6 months and an annual interest rate of 9%. Lubing's accounting period ends on December 31, 2012. Refer to the information provided for Lubing Company. What amount should Lubing recognize as interest
revenue on December 31, 2012? A) $ -0- B) $ 750 C) $1,500 D) $9,000
Indicate how each of the following would be reflected in the journal entry required to record the effects described by using debit or credit to indicate the increase or decrease in each affected account.??Debit or CreditA.An increase in Savannah Smith, Drawing?B.A decrease in Cash? C.An increase in Fee Income? D.A decrease in Supplies? E.A decrease in Office Equipment? F.An increase in Delivery Equipment? G.An increase in Utilities Expense? H.An increase in Prepaid Rent? I.A decrease in Accounts Payable? J.An increase in Savannah Smith, Capital? K. An increase in Salaries Expense?
What will be an ideal response?
Another term for personal property is:
a. patent. b. chattel. c. realty. d. fixtures.