In a "living will" you transfer all of your assets to your heirs while you are still living
Indicate whether the statement is true or false
FALSE
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A law firm billed a client $1,800 for work performed in the current month. Which of the following general journal entries will the firm make to record this transaction?
A. Debit Cash, $1,800; credit Unearned Legal Fees Revenue, $1,800. B. Debit Legal Fees Revenue, $1,800; credit Accounts Receivable, $1,800. C. Debit Accounts Receivable, $1,800; credit Unearned Legal Fees Revenue, $1,800. D. Debit Accounts Receivable, $1,800; credit Legal Fees Revenue, $1,800. E. Debit Cash, $1,800; credit Accounts Receivable, $1,800.
Ocean Auto Parts Company uses the direct method to prepare its statement of cash flows
Refer to the following information reported for 2017: 1. Sales Revenue, $520,000 2. Accounts Receivable, beginning balance, $99,000 3. Accounts Receivable, ending balance, $62,000 Compute the collections from customers. A) $557,000 B) $458,000 C) $161,000 D) $359,000
Property insurance policies contain declarations, conditions, definitions, exclusions, and an insuring agreement
However, some policy terms, such as subrogation, cancellation, other insurance, and assignment do not fall into these categories. The part of an insurance contract in which these provisions can be found is the A) endorsements. B) binders. C) conditions. D) miscellaneous provisions.
In his recording "Nuthing Nu," O'Reilly uses the melody of a song written by Pete. O'Reilly did not obtain Pete's permission. This is A) copyright infringement
B) patent infringement. C) trademark infringement. D) none of the choices.