A business's source documents:
A. Must be in electronic form.
B. Are prepared internally to ensure accuracy.
C. Include the ledger.
D. Provide objective evidence that a transaction has taken place.
E. Include the chart of accounts.
Answer: D
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Pareto Corporation owns 40% of Spring Corporation. During Year 3, Spring has net income of $60,000 . What entry should Pareto record related to its investment in Spring during Year 3?
a. Investment in Spring Corp. 24,000 Equity in Earnings of Affiliate 24,000 b. Dividend Receivable 24,000 Dividend Income 24,000 c. Investment Receivable 24,000 Investment Income 24,000 d. Investment in Spring Corp. 24,000 Investment Income 24,000 e. Investment in Spring Corp. 24,000 Cash 24,000
What are some of the suggestions to make an effective training presentation?
What will be an ideal response?
The entry to record revenue earned on account includes a debit to accounts receivable and a credit to revenue.
Answer the following statement true (T) or false (F)
Carpendale suggests that moral reasoning is viewed as a process of coordinating all perspectives involved in a moral dilemma. Moral reasoning takes place in which of the following steps in Rest's Model?
A. Moral judgment B. Moral development C. Moral character D. Moral sensitivity