Proctor Inc has a weekly payroll of $8,000 for a 5-day workweek, Monday through Friday. If December 31, the last day of the accounting year, falls on Wednesday, Proctor would make an adjusting entry that would
a. increase wages expense $4,800.
b. decrease wages payable $4,800.
c. decrease cash $4,800.
d. increase wages payable $8,000.
a
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If there are so many advantages to selling national brands, why do retailers still carry private-label brands?
A. National brands offer a retailer more flexibility on how merchandise is displayed and advertised. B. Private-label brands yield higher profits to retailers. C. National brands have better quality overall than private-label brands. D. Private-label brands require less investment for a retailer from design to display. E. Customers have loyalty to national brands.
Because noncash investing and financing transactions do not affect cash, they should be excluded from the statement of cash flows
Indicate whether the statement is true or false
Ryan signs an instrument using an "R" with a circle around it. With this mark for a signature, the instrument is
A. negotiable. B. nonnegotiable, because an initial does not state the signer's name. C. nonnegotiable, because this mark is a symbol, not a signature. D. nonnegotiable, because a simple mark implies a lack of serious intent.
Which of the following encompasses events, performances, and activities, which are experienced and shared using social media, and designed to provide the audience with pleasure and enjoyment?
a. Social community zone. b. Social publishing zone. c. Social entertainment zone. d. Social commerce zone. e. None of these.