Always includes an inside address
A) Letters B) Memos
A
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The photo department of Santiago Company shows gross sales of $730,600 for chemical supplies and $934,900 for general office supplies. It has determined that chemical supplies cost $534,000 and that general office supplies cost $391,400 . What is the gross profit percentage for the general office supplies section of the photo department?
a. $543,500 b. 74.4% c. 72.0% d. 58.1%
Ongoing efforts to reduce costs, increase product quality, and/or improve production process once manufacturing has begun is known as
a. cost management. b. kaizen costing. c. target costing. d. life-cycle costing.
A business makes a payment of $1,400 on a note payable. Which of the following journal entries would be recorded?
A) Cash is credited and Notes Payable is debited for $1,400. B) Notes Payable is credited and Cash is debited for $1,400. C) Cash is credited and Financing Expense is debited for $1,400. D) Cash is debited and Financing Revenue is credited for $1,400.
A judge instructs a jury in the law that applies in a case.
Answer the following statement true (T) or false (F)