Which of the following is the most common drug of abuse?
A. Marijuana
B. Tranquilizers
C. Prescription pain medication
D. Methamphetamine
E. Alcohol
E. Alcohol
Alcohol is the most common drug of abuse.
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In terms of consumer segments, both the True Blue Greens and the Sprouts are heavy users of green products
Indicate whether the statement is true or false
Which of the following assets appears on the balance sheet at Historical cost?
a. Equipment b. Notes Payable c. Investments in Marketable Securities d. Accounts Payable
Which sentence is expressed correctly?
A) The language used in instant messaging is called "IMglish"; however, it should be used sparingly in business correspondence. B) The language used in instant messaging is called "IMglish;" however, it should be used sparingly in business correspondence.
Vargas Company purchased a computer for $3400 on January 1, Year 1. The computer is estimated to have a 5-year useful life and a $700 salvage value. What adjusting entry would Vargas record on December 31, Year 1 to recognize expense related to use of the computer?
A.
| Depreciation expense | 680? | |
| Accumulated depreciation | 680? |
B.
| Accumulated depreciation | 540? | |
| Depreciation expense | 540? |
C.
| Depreciation expense | 540? | |
| Computer | 540? |
D.
| Depreciation expense | 540? | |
| Accumulated depreciation | 540? |