Sales revenue is an inflow of assets
a. True
b. False
Indicate whether the statement is true or false
True
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In terms of the creative brief, an endorsement by 8 out of 10 doctors recommending a product is a form of:
A) disclaimer B) message theme C) support D) constraint
Entitlings and enhancements are reactive damage control public relations activities
Indicate whether the statement is true or false
Which of the following is most accurate about leaders and followers?
A. followers need leaders, but leaders do not need followers B. leaders have an ethical responsibility to followers C. leaders do not initiate relationships with followers D. followers are not part of the leadership equation
On November 1, Orpheum Company accepted a $11,300, 90-day, 12% note from a customer to settle his account. What entry should be made on the November 1 to record the acceptance of the note?
A. Debit Note Receivable $11,300; credit Sales $11,300. B. Debit Sales $11,300; credit Accounts Receivable $11,300. C. Debit Note Receivable $11,300; credit Accounts Receivable $11,300. D. Debit Note Receivable $11,639; credit Accounts Receivable $11,300; credit Interest Revenue $339. E. Debit Note Receivable $11,300; credit Cash $11,300.