When a lessor receives cash on an operating lease, which of the following accounts is increased?
A) Interest Revenue: Leases
B) Lease Rental Revenue
C) Lease Payable
D) Unearned Interest: Leases
B
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After preparing a bank reconciliation, the collection of a note by the bank on a company's behalf would be recorded with a:
A. Debit to Notes Receivable. B. Credit to Cash. C. Credit to Accounts Receivable. D. Credit to Notes Receivable.
Brainstorming is an example of what idea generation strategy?
a. development strategies b. interpersonal strategies c. relationship-seeking strategies d. habit-breaking strategies
The first step in registering a domain name is to ________.
A. trademark the name with the U.S. Patent and Trademark Office B. hire a marketing firm, a software engineer and an attorney C. determine whether any other party already owns the name D. purchase a high-capacity server
After creating a new QuickBooks data file for an existing company and entering all the existing balances, use an opening adjusting entry to move the balance in the ________ account to the Capital Stock account.
A. Opening Balance Equity B. Uncategorized Expenses C. Uncategorized Income D. None of the choices are correct