A publicly held corporation is any corporation whose shares are publicly traded in a securities market

Indicate whether the statement is true or false


T

Business

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Jupiter Services sells service plans for commercial computer maintenance. The price for each service plan is $1,650 per year, paid in advance. On October 1, 2018, a service plan was sold to a new customer for cash. Prepare the journal entry to record this transaction. Omit explanation.

What will be an ideal response?

Business

On November 1, 2019, Stateside, Inc. declared a dividend of $3.00 per share. Stateside, Inc. has 20,000 shares of common stock outstanding and no preferred stock. The date of record is November 15, and the payment date is November 30, 2019. Provide the journal entry needed on November 30. Omit explanation.

What will be an ideal response?

Business

Consultative-style selling, which emerged in the late 1960s and early 1970s, is an extension of the marketing concept

Indicate whether the statement is true or false

Business

The purpose of the NAALC is to protect:

A. The environment B. Labor C. Free trade D. Corporations

Business