Which of the following statements is true about a journal entry?
a. The Post. Ref. column is filled in prior to posting.
b. All debits are listed before any credits.
c. The name of the month should be repeated for each entry.
d. An explanation must follow each debit and each credit.
B
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As a general rule, there is no separation of powers problem with an agency possessing
________ authority, because nearly all agencies fall under the ________ branch. a. executive; executive b. legislative; legislative c. executive; legislative d. legislative; executive
Refer to the Shipping Costs for The Allied Motors Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints—except the non-negativity constraints of the decision variables—should be set as an equal-to (=) sign in the Excel Solver dialogue.) At the optimum solution, the number of units shipped from Lowell to Richmond is ______.
a. 527
b. 309
c. 243
d. 433
Taylor’s basis in his partnership interest is $140,000, including his $60,000 share of partnership debt. Sandy buys Taylor’s partnership interest for $100,000 cash, and she assumes Taylor’s $60,000 share of the partnership’s debt. If the partnership owns no hot assets, Taylor will recognize a capital loss of $40,000.
Answer the following statement true (T) or false (F)
The following problem type is such a special case of linear programming that a special algorithm has been developed to solve it
A) the production mix problem B) the diet problem C) the ingredient mix problem D) the transportation problem E) None of the above