A credit card is a form of payment authorizing the collector to transfer funds electronically from the payer's bank account to the collector's bank account
Indicate whether the statement is true or false
F
You might also like to view...
The cost to purchase a good or service is the definition of an
A. Expenditure. B. Expense. C. Interfund transfer out. D. Other financing use.
Crestfield leases office space for $6000 per month. On January 3, the company incurs $38,000 to improve the leased office space. These improvements are expected to yield benefits for 5 years. Crestfield has 2 years remaining on its lease. What journal entry would be needed to record the expense for the first year related to the improvements?
A. Debit Amortization Expense $19,000; credit Accumulated Amortization $19,000. B. Debit Depletion Expense $38,000; credit Accumulated Depletion $38,000. C. Debit Depletion Expense $19,000; credit Accumulated Depletion $19,000. D. Debit Amortization Expense $7600; credit Accumulated Amortization $7600. E. Debit Depreciation Expense $7600; credit Accumulated Depreciation $7600.
One of the important questions the corporation must address in assessing the effectiveness of its venturing initiatives is that of the sustainability of its basis of competitive advantage.
Answer the following statement true (T) or false (F)
When estimating the cost of equity by use of the bond-yield-plus-risk-premium method, we can generally get a good idea of the interest rate on new long-term debt, but we cannot be sure that the risk premium we add is appropriate. This problem leaves us unsure of the true value of rs.
Answer the following statement true (T) or false (F)