Both internal and external ________ forecasts depend primarily on the behavior of some business factor to which human resource needs can be related.

A. resource
B. supply
C. market
D. demand


Answer: D

Business

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On June 1, Apex Co issued a $30,000, 8%, 120-day note payable to Jones Co Assume the fiscal year of Apex Co ends June 30 . What is the amount of interest expense recognized by Apex in the current year?

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Indicate whether the statement is true or false.

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During its first year of operations, credit sales were $40,000 and collections of credit sales were $36,000. One account, $650, was written off. Management uses the percent-of-sales method to account for bad debts expense and estimates 2% of credit sales to be uncollectible. Prepare the entry to record bad debts expense. What will be an ideal response

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