The work-in-process file is the subsidiary ledger for the work-in-process control account

Indicate whether the statement is true or false


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Business

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Figure APC-2 is the condensed worksheet for the Christopher Company as of December 31, 2014.Additional Information:

a.Prepaid Insurance is for a two-year fire insurance policy dated July 1, 2014.b.The ending inventory amounts to $76.c.The building is being depreciated over a ten-year life, straight-line, no salvage value.d.The balance in Unearned Repair Service Revenue pertains to a contract sold on November 1, 2014, to provide service to a client for one year.e.Office supplies on hand at year-end amount to $14.f.At year-end, there are accrued salaries of $6.g.Consulting Revenue includes a contract for $60 received on October 1, 2014, for a one-year period of time.h.The tax rate is 50%.Required:Complete the worksheet, assuming that adjusting entries are made only at December 31. What will be an ideal response?

Business

When you transfer a call,

a. explain why the transfer is necessary. b. stay on the line until the transfer is complete. c. ask for the caller's name and number before transferring the call. d. all of these choices.

Business

A minor's ratification of a contract must be express and cannot be implied

Indicate whether the statement is true or false

Business

To be a defense in a suit for breach of contract, a mistake about some fact in a contract must have been made by ____________________ parties

Fill in the blank(s) with correct word

Business