A common approach of keeping a record of each customer's account Receivable uses a
a. sales journal; b. subsidiary accounts receivable
ledger; c. controlling account; d. general journal; e. sales ticket.
B
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A salesperson engaged in sales call planning should:
A. conduct vendor analyses. B. design after-the-sale service approach. C. develop the sales presentation. D. join a sales lead club. E. create nonspecific sales call objectives.
Which is true about internal service desks?
A. They should strive to provide unlimited customer service. B. They tend to be underfunded. C. They tend to charge for their services. D. They cost more to run than external service desks.
Venus, Inc. paid $12,000 on accounts payable. How does this transaction affect the accounting equation of Venus?
A) assets decrease by $12,000 and equity increases by $12,000 B) assets decrease by $12,000 and liabilities decrease by $12,000 C) assets increase by $12,000 and equity decreases by $12,000 D) assets increase by $12,000 and liabilities increase by $12,000
Ed signs a ten-year lease with a survival clause. If Ed is evicted after two years, he will have to pay:
a. rent for the remaining 8 years. b. damages equal to the difference between the rent specified in the lease and the rent the landlord is able to obtain from reletting the premises. c. until eviction. d. until he assigns the lease.