Your firm decides to increase equity by $1,000,000. Which of the following sets of transactions could NOT be appropriate ledger entries?
A) Increase equity by $1,000,000 and increase long-term assets by $1,000,000
B) Increase equity by $1,000,000, decrease long-term debt by $500,000, and increase inventory by $500,000
C) Increase equity by $1,000,000 and increase inventory by $1,000,000
D) All of the above transactions would be appropriate.
D
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Process costing techniques should be used in assigning costs to products
a. if a product is manufactured on the basis of each order received. b. when production is only partially completed during the accounting period. c. if a product is composed of mass-produced homogeneous units. d. whenever standard-costing techniques should not be used.
Which one of the following is an example of discrimination?
a. A supervisor complains to his pregnant staff member that she always gets pregnant so as to get time off work b. An man is overlooked for a position in a music store because he looks too mature c. A male employer makes uninvited sexual comments to his young assistant d. All of the above
Describe the various kinds of employee empowerment/involvement programs that have been implemented since the 1970s. How effective have these program been?
What will be an ideal response?
To pay for her college education, Gina is saving $2,000 at the beginning of each year for the next eight years in a bank account paying 12 percent interest. How much will Gina have in that account at the end of 8th year?
A) $16,000 B) $17,920 C) $24,600 D) $27,552