In which journal would the payment of salaries be posted?
A) Cash receipts journal
B) Special journal
C) Cash payments journal
D) Expense journal
C
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Ownership of debt instruments of the government and other companies that can be readily converted to cash are best reported as:
a. long-term investments. b. cash. c. marketable securities. d. intangibles. e. inventory of near-cash items.
Officers are generally not liable to the corporation for secret profits made at the expense of the business of the corporation
Indicate whether the statement is true or false
A _________ attack exploits social engineering to leverage a user's trust by masquerading as communications from a trusted source
What will be an ideal response?
On June 1st, Jared has a $1,500 beginning balance on his credit card. He decides to stop making charges on his card and work towards paying it off. His credit card has an APR of 18%. Monthly periodic finance charges are calculated using the previous balance method. If Jared makes monthly payments of $150, how much will he owe in 6 months? How much will he have paid in periodic finance charges?