A cash prelist is

a. a document that records sales returns and allowances
b. a document returned by customers with their payments
c. the source of information used to prepare monthly statements
d. none of the above


D

Business

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Asset cost is $54,000, expected life is 6 years, and estimated salvage value is $6,000 . Using the double-declining-balance method, the depreciation for the first year would be

a. $8,000; b. $9,000; c. $16,000; d. 18,000; e. none of these.

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How do socially responsible firms positively impact consumers and the environment?

What will be an ideal response?

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Indicate whether the statement is true or false

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