The balance due from an individual customer can be found in:
A. the general journal.
B. the accounts receivable subsidiary ledger.
C. the Sales account in the general ledger.
D. the Accounts Receivable account in the general ledger.
Answer: B
You might also like to view...
A study by Rarick and Vitton found that firms with a formalized mission statement have ________ the average return on shareholders’ equity than those firms without a formalized mission statement.
A) one-quarter B) half C) twice D) three times E) five times
Maverk, a human resources manager at a multinational company, has to explain the ethical policies of the company to a batch of new employees. To convey that the company has a low power distance, he says, "The manager who loses his temper must apologize." From the given statement, it can be inferred that Maverk does not follow the business communication guideline of _____.
A. being concise B. avoiding bias C. avoiding slang D. analyzing one's audience
The weighted average cost of capital is ________
A) the average of the cost of each financing component, weighted by the proportion of each component B) the cost of capital for the firm as a whole C) made up of three financing components: the cost of debt, the cost of preferred stock, and the cost of equity D) All of the above
The target's stake in seeing that his or her opinions are proven right serves to increase commitment under the influence tactic known as
A. legitimate power. B. inspirational appeal. C. collaboration. D. rational persuasion. E. consultation.