Which of the following statements is true about a journal entry?
a. Decreases in liabilities are indented.
b. The Post. Ref. column is left blank until entries are posted.
c. A line is skipped between each debit and each credit.
d. Assets are entered before liabilities.
B
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Since a product's price tends to be invisible, customers rarely have trouble moving past price to consider other critical benefits the product affords.
Answer the following statement true (T) or false (F)
The process of negotiation and settlement differs from arbitration in that ________
A) the process of negotiation takes place in a much more formal setting than in arbitration B) representation by legal counsel is not mandatory in negotiation, unlike in arbitration C) no neutral third party is involved in the negotiation process, unlike in arbitration D) the proceedings of negotiation preserves confidentiality, whereas arbitration must be recorded for review
Referring to the accompanying figure, the picture shows ____ software.
A. nanny-filtering B. content-filtering C. pornography-filtering D. Web-filtering
Indicate whether a debit or credit entry would be required to record the following changes in each account. a. To decrease Cashb. To increase Owner, Capitalc. To decrease Accounts Payable.d. To increase Salaries Expense.e. To decrease Supplies.f. To increase Revenue.g. To decrease Accounts Receivable.h. To increase Owner, Withdrawals.
What will be an ideal response?