Harvard Financial Services, Inc. purchased computers that are to be used in its consultancy services. Based on the matching principle, what account, other than Computers, should appear on the balance sheet as of December 31, 2016?
A) Depreciation Expense
B) Service Revenue
C) Accumulated Depreciation
D) Equipment Expense
C
You might also like to view...
Martin Enterprises provides the following information about its single product. How many units must be sold to earn the targeted operating income?
A) 13,417 B) 63,000 C) 40,900 D) 22,100
What is the primary use of stories?
a. to entertain people b. to pass along wisdom and information c. to add narrative coherence to a speech d. to help people make decisions
What is the most important virtue according to Confucius?
A. benevolence B. persistence C. friendliness D. discernment
Tailoring a strategy to fit the circumstances of emerging country markets does not typically involve
A. competing on the basis of low price. B. modifying aspects of the company's business model to accommodate local circumstances (but not so much that the company loses the advantage of global scale and global branding). C. transforming the local market to better match the way the company does business elsewhere. D. avoiding those emerging markets where it is impractical or uneconomic to modify the company's business model to accommodate local circumstances. E. developing a strategy for the short-term and forget about a long-term strategy because conditions in emerging country markets change so rapidly.