Credits are always on the_____________side of the T account

Fill in the blank(s) with correct word


right

Business

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How does "usage of trade" affect the rights and obligations of buyers and sellers in contracts for the sale of goods transactions?

What will be an ideal response?

Business

The special account used only in the closing process to temporarily hold the amounts of revenues and expenses before the net difference is added to (or subtracted from) the retained earnings account is the:

A. Nominal account. B. Contra account. C. Income Summary account. D. Closing account. E. Balance column account.

Business

What was the major accomplishment of the Industrial Workers of the World union?

A. Play a major role in politics B. Make the AFL seem less threatening C. Keep labor unions from growing D. Prevent the use of strikes E. Demand a reduced workday

Business

Calculate E(XY)

What will be an ideal response?

Business