Work done by a specialist without supervision indicates employee status.

Answer the following statement true (T) or false (F)


True

Business

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[APPENDIX] Gordon Vending, a sole proprietorship, had the following balances and transactions during 2015: beginning capital, $40,000; contribution of cash to the business by the owner, $15,000; revenue, $60,000; expenses, $35,000; withdrawal by the owner, $5,000 . What is the amount of the ending capital balance?

a. $40,000 b. $60,000 c. $75,000 d. $85,000

Business

Information taken from popular literature, such as a magazine or newspaper, does not have to be documented

Indicate whether the statement is true or false

Business

A job offer is never extended by phone or in writing.?

Indicate whether the statement is true or false

Business

Which of the following factors is assessed using the debt ratio?

A) expenses B) revenues C) risk D) income

Business