The partial worksheet of Ruth Furniture is as follows:
Ruth Furniture
Worksheet
December 31, 2016
Unadjusted Trial Adjusted Trial
Balance Adjustments Balance
Account Names Debit Credit Debit Credit Debit Credit
Cash $6,500
Accounts Rec
What will be an ideal response
Ruth Furniture
Worksheet
December 31, 2016
Unadjusted Trial Adjusted Trial
Balance Adjustments Balance
Account Names Debit Credit Debit Credit Debit Credit
Cash $6,500 $6,500
Accounts Receivable 2,000 3,000 5,000
Office Supplies 1,800 $500 1,300
Equipment 15,000 15,000
Accumulated
Depreciation—Equipment $ 8,700 1,200 $9,900
Common Stock 15,000 15,000
Dividends 3,000 3,000
Service Revenue 10,600 3,000 13,600
Salaries Expense 4,000 4,000
Rent Expense 2,000 2,000
Depreciation Expense— 1,200 1,200
Equipment
Supplies Expense ______ ______ 500 _____ 500 ______
Total $34,300 $34,300 $4,700 $4,700 $38,500 $38,500
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One characteristic of incremental budgeting is that it
A. allows comparison using various units, like labor hours and dollars. B. is flexible toward changing environmental demands. C. allows easy comparison of different departments doing different activities. D. locks managers into stable spending arrangements. E. requires more time from managers than zero-based budgeting.
The Scion line of cars was advertised through traditional channels such as network television and magazines
Indicate whether the statement is true or false
Which of the following is the best topic a salesperson can use to break the ice when talking with a prospect?
A) local sports teams B) product features C) shared interests D) current politics E) religion
Most professional writers use contractions
a. true b. false