Recording Interest Receivable would be an example of a(n):
A) deferred expense.
B) deferred revenue.
C) accrued expense.
D) accrued revenue.
D) accrued revenue.
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Only citizens are part of the consumerism movement
Indicate whether the statement is true or false
Assume a beginning inventory as follows: 10 units @ $1.00, 100 units @ $0.90, and 10 units @ $1.10 . A purchase of 80 units @ $1.05 is made, and then a sale of 110 units is made. Using perpetual LIFO, what is the cost of inventory on hand after the sale?
a. $28.00 b. $95.00 c. $82.00 d. $59.00 e. $88.00
Determine the median of the numbers 30, 25, 25, 45, and 70
A) 195 B) 25 C) 30 D) 39
Which of the following statements is FALSE? Pay day loan companies
A)specialize in small unsecured loans to individuals B) can be regulated by provincial legislation C) can charge greater than the criminal annual rate of interest D) have become major lenders for home mortgages E) have become a large industry in Canada