A loss on the sale of machinery in the ordinary course of business should be presented in a statement of cash flows (indirect method) as
a. an addition to net income.
b. a deduction from net income.
c. an inflow and outflow of cash.
d. an outflow of cash.
A
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Refer to the following bank reconciliation
Bank Book Balance, June 30, 2017 $11,240 Balance, June 30, 2017 $10,200 Add: Add: Deposit in transit 3,110 Note collected by bank 2,100 Interest revenue 55 Less: Less: Outstanding checks #506 1,200 NSF check 85 Outstanding checks #510 900 Bank service charge 20 ________ ________ Adjusted balance, Adjusted balance, June 30, 2017 $12,250 June 30, 2017 $12,250 Journalize the adjusting entry for the fourth reconciling item: Bank service charge. What will be an ideal response
Compare and contrast the three types of product modifications and give an example of how each could be implemented.
What will be an ideal response?
Which of the following statements is true regarding accidents and safety in the workplace?
A. Intentional negligence to wear prescribed safety equipment is a frequent cause of accidents. B. A severity rate indicates how frequently accidents occur in an organization. C. It has been estimated that unsafe personal acts cause as much as 65 percent of organizational accidents. D. All kinds of injuries are used in determining the severity rate in an organizational accident.
Data that exhibit an autocorrelation effect violate the regression assumption of independence
Indicate whether the statement is true or false