The nature of services is such that ______.
a. customers need not be involved in the delivery of the service
b. a service to one customer can be transferred to another customer
c. it is primarily capital (and not labor) intensive
d. a service needs to be consumed as it is produced
d. a service needs to be consumed as it is produced
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A flood destroyed a company's warehouse contents on September 12. The following information was the only information that was salvaged:1. Inventory, beginning: $29,100 2. Purchases for the period: $18,100 3. Sales for the period: $56,100 4. Sales returns for the period: $810 The company's average gross profit ratio is 29%. What is the estimated cost of the lost inventory using the gross profit method?
A. $31,165.90. B. $33,512.00. C. $47,200.00. D. $7944.10. E. $46,200.00.
According to Jean Piaget, what does a child possess at 18 months that he or she does not at 14 months?
a. feelings such as pride and shame b. curiosity c. a social smile d. an understanding of what it means to be good or bad
An entity is _____ .
a. a tuple b. an instance c. the primary key d. represented by a table
Hesson Properties, Inc Transactions for Hesson Properties are provided below. Nov. 1 Hesson purchases two new maintenance carts on credit at $375 each. The carts are added to Hesson's property, plant, and equipment records. Payment is due in 30 days. Nov. 8 Hesson accepts $75 of advance payments from customers for services to be provided in December. Nov. 15 Hesson receives the utility bill for
$150. Payment is due in 30 days. Nov. 20 Customers are billed $750 by Hesson for property services. Payment is due from the customers in 30 days. Nov. 30 Hesson received $500 from customers who were billed on November 20th. Refer to the transactions that occurred at Hesson Properties. Based on these transactions, what is the journal entry to record the November 30th transaction? A) Cash 500Accounts Receivable 500 B) Accounts Receivable 500Service Revenue 500 C) Accounts Payable 500Cash 500 D) Service Revenue 500Cash 500