Which of the following accounts is increased by a debit entry?

A) Common stock
B) Equipment
C) Notes payable
D) Service revenue


B

Business

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Always subtract the salvage value from the original cost before figuring depreciation

Indicate whether the statement is true or false

Business

All trusts are deemed irrevocable at the time of creation

Indicate whether the statement is true or false

Business

The completion time having the highest probability best defines

A) preferred time. B) pessimistic time. C) most likely time. D) optimistic time.

Business

Ginger wants to file a suit against Fred. For a court to hear the case

A. Fred must agree. B. the court must have jurisdiction. C. the parties must have no minimum contact with each other. D. the parties must own property.

Business