A cost incurred by the seller when credit customers do NOT pay is called:
A) a write down.
B) bad debt expense.
C) accounts deceivable.
D) an unallowable account.
B) bad debt expense.
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If 50,000 shares are authorized, 41,000 shares are issued, and 2,000 shares are reacquired, the number of outstanding shares is 43,000
a. True b. False Indicate whether the statement is true or false
Lexus developed new diesel models as well as a gas-hybrid engine because Germans want the option of buying vehicles with diesel engines
Indicate whether the statement is true or false
Which of the following would be considered an example of the drop-off survey?
A) researcher brings questionnaire to respondent's home and leaves it to be completed B) a hotel leaves a questionnaire in a room for customers to evaluate their accommodations C) a retail store offers a customer a survey and promises a gift certificate if they return the questionnaire on their next visit D) giving a survey to persons at work and asking them to return the completed survey when they return to work the next day E) all of the above would be considered drop-off surveys
A company issued 60 shares of $100 par value common stock for $7,000 cash. The total amount of paid-in capital is:
A. $600. B. $7,000. C. $6,000. D. $100. E. $1,000.