For which type of investments would unrealized increases and decreases be recorded directly in an owners' equity account?
a. Equity method securities
b. Available-for-sale securities
c. Trading securities
d. Held-to-maturity securities
B
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Demographic changes can create opportunities for marketing innovation. Justify this statement using examples
What will be an ideal response?
Answer the following statements true (T) or false (F)
The accounting profession has been regulated by Congress since the 1880s when it became clear that accounting was an important instrument in America for conducting business.
The objective of customer order entry is to
A) get the correct orders to customers by the promised due date at the lowest possible cost. B) maintain a record of product receipt and complete payment. C) maximize the conversion of customer arrivals to customer orders. D) ensure that orders are quickly and accurately entered and communicated to other affected supply chain processes.
The following transaction has been recorded in the general journal:Interest Expense150 Interest Payable 150How will this transaction affect the company's financial statements after it is posted to the ledger accounts?
A. Decreases Stockholders' Equity B. Decreases Total Assets C. Increases Retained Earnings D. Decreases Total Liabilities