A company striving for a traditional appearance in its letter format would most likely use
a. block format without paragraph indentions.
b. block format with open punctuation.
c. modified block format with open punctuation.
d. modified block format with mixed punctuation.
D
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In 2016, Dickens Company had a beginning balance in its Cash Dividend Payable account of $5,000 and an ending balance of $4,000 . During 2016, the only dividends Dickens declared were $46,000 in cash to the common stockholders. How much cash was paid to the common stockholders?
a. $45,000 b. $47,000 c. $46,000 d. $1,000
Which of the following types of sales promotions would NOT be offered to a final consumer?
A) rebates B) push money C) bonus packs D) sweepstakes E) premiums
Independent businesses that handle import shipments for compensation are
A. freight forwarders. B. importing agents. C. customhouse brokers. D. bonded warehouses.
Which of the following is a claims exchange transaction?
A. Issued a note to purchase equipment B. Paid interest on a note payable C. Accrual of interest on a note payable D. Repaid principal on a note payable