Gradually over time, the options of Communication media ______.
a. have grown in number in complexity
b. have become easier to use
c. have become overwhelming
d. none of these
a. have grown in number in complexity
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Last-in, first-out costing assigns the most recent purchase cost to the ending inventory shown on the balance sheet
a. True b. False Indicate whether the statement is true or false
Tian Zhao's parents were peasants from central China. Tian earned a degree in electronics from a university and now works for a medium-sized firm building computer components
Tian has purchased a Canon camera and a Dell computer, and he wears Nike running shoes. He is a member of the mass class. Indicate whether the statement is true or false
Unless the partnership agreement states otherwise, profits and losses are to be shared equally among the partners
Indicate whether the statement is true or false
A promissory note is executed in June. When the note is paid the following January, the payee's entry includes (assuming a calendar-year accounting period and no reversing entries) a
A) debit to Interest Income. B) credit to Cash. C) credit to Interest Receivable. D) debit to Notes Receivable.