Consider the following accounts:Utilities ExpenseAccounts PayableService RevenueCommon StockHow many of these accounts are increased with debits?

A. One.
B. Two.
C. Three.
D. Four.


Answer: A

Business

You might also like to view...

Adding the market development index and share development index to a sales forecast provides a way to understand the potential for future sales growth

Indicate whether the statement is true or false

Business

Gordron Inc manufactures and markets medical equipment. To ensure that its salespeople are knowledgeable enough to answer all product queries, the company hires only those individuals who have a good understanding of both the medicine profession and

the mechanics of the equipment used. Which of the following is the most accurate classification of Gordron's salesforce? A) technicians B) demand creators C) deliverers D) order takers E) missionaries

Business

Section 8(a) of the National Labor Relations Act makes it an unfair labor practice for an employer to interfere with, coerce, or restrain employees from exercising their statutory right to form and join unions

Indicate whether the statement is true or false

Business

Life-cycle financial planning means

A) that life-long goals are recognized and attended to at each phase in the life cycle. B) attending to life-long goals sequentially through life?buy insurance when you are young, plan retirement when you are old, etc. C) planning an estate to pass to your heirs so that the family's life-cycle never ends. D) gearing life-long financial decisions to minimize your total income tax liability.

Business