The sales returns and allowances account is a(n)
a. revenue account;
b. contra-revenue account; c. expense account; d. liability account;
e. contra-asset account.
B
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Antonio is single and has taxable income of $170,000 without considering the sale of a capital asset (land held for investment) in September of 2019 for $25,000. That asset was purchased six years earlier and has a tax basis of $5,000. The tax liability applicable to only the capital gain (without consideration of any additional Medicare tax) is
A. $3,000. B. $6,400. C. $4,000. D. $3,750.
What is another term for unproductive conflict?
A. dysfunctional conflict B. functional conflict C. productive conflict D. task conflict
Eliza buys a car from TinCar Autos with a warranty that says that any defect of the car will be repaired or replaced free for a period of six months after the sale. TinCar has taken security interests in the car
Before completely paying for the car, Eliza sells the car to Mona for cash. Mona is unaware of TinCar's security interest in the car. After Eliza misses several of her payments, TinCar discovers that Mona has the car, and repossesses it. What kind of warranty did TinCar provide to Eliza? A) limited warranty B) full warranty C) warranty of good title D) warranty of no interference
Employees today are less likely to define their personal success only in terms of financial gain.
Answer the following statement true (T) or false (F)