The third step in recording a transaction in the general journal is to record the:
A) explanation of the entry.
B) account(s) to be credited and the amount(s).
C) date of the entry.
D) account(s) to be debited and the amount(s).
B) account(s) to be credited and the amount(s).
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Private health care organizations follow ________ standards while governmentally owned health care organizations follow ________ standards.
A. FASB; GASB. B. GASB; FASAB. C. GASB; FASB. D. FASB; FASAB.
Which of the following is not a reason to stay in contact with a prospective employer after an interview?
A) If one position doesn't work out, the employer may know someone else who is hiring. B) To convey to the employer that you really want the job C) Follow-up communication is an opportunity to demonstrate strong communication skills. D) To remind the employer that you are actively looking for a position and waiting for the decision E) To display a sense of business etiquette
A married couple invested in an insurance policy with their college alumni association being the beneficiary. This action is an example of which type of giving?
A. regular B. efficient C. deferred D. expectancy
Discounting is the reverse process of compounding
Indicate whether the statement is true or false.