The dual nature of accounting implies that every accounting transaction:
a. must affect only two accounts.
b. must increase one account balance and decrease another.
c. must affect at least two accounts.
d. must be recorded twice—first, in the journal and then, in the ledger.
c
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In the marketing mix, product includes the goods and services the company offers to the target market, while promotion includes advertising
Indicate whether the statement is true or false
You are evaluating a training program. You are trying to use triangulation methods during your evaluation. Which one of the following is NOT a reasonable triangulation method?
a. using interview data collected from the employees who completed the program and their supervisors b. using data obtained from all trainees using a web-based survey c. using data collected by three different observers who observed trainees’ work performance d. using data collected from two different times (immediately after the program and 4 months after the program)
The greatest risk for a new product or service offering is to present
a. a similar offering to an existing market b. a dissimilar offering to a radically different market c. a similar offering to different but similar market d. a dissimilar offering to an existing market e. a similar offering to a dissimilar market
Jeffreys Company reports depreciation expense of $57,000 for Year 2. Also, equipment costing $191,000 was sold for a $11,700 loss in Year 2. The following selected information is available for Jeffreys Company from its comparative balance sheet. Compute the cash received from the sale of the equipment.At December 31Year 2Year 1Equipment$695,000? $886,000? Accumulated Depreciation-Equipment 496,000? 585,000?
A. $33,300. B. $77,300. C. $56,700. D. $57,000. E. $45,000.