To make the information easier to remember and create coherence, main points should be

A) presented as phrases B) stated in parallel form C) followed with question marks D) more than ?ve in number


B

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Use this information pertaining to the Alvino Corporation to answer the following question. 1 . The corporation's Store Supplies account showed a beginning debit balance of $200 and supplies purchased of $800 . There were $300 of supplies on hand at year end. 2 . Depreciation on a building is estimated to be $5,000. 3 . A one-year insurance policy was purchased for $2,000 . Three months have

passed since the purchase. 4 . Accrued interest on a note receivable amounted to $100. 5 . The company received a $3,600 advance payment during the year on services to be performed. By the end of the year, one-fourth of the services had been performed. The adjusting entry to record the accrued interest on the note is a. Interest Expense 100 Interest Receivable 100 b. Interest Payable 100 Interest Expense 100 c. Interest Receivable 100 Interest Income 100 d. Interest Income 100 Interest Receivable 100

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Which statement is an important legal guide for employee manuals?

a. Make sure employees know the manual is a contract. b. Omit a description of employee benefits. c. Do not include a disclaimer page. d. Maintain an at-will relationship.

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What is the future value of $3,100 a year for six years at interest rate of 8.9 percent?

A) $20,255.40 B) $26,847.26 C) $27,134.16 D) $23,263.57 E) $24,414.67

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Damage to a personal residence caused by a hurricane that is a federally declared disaster is an example of a casualty loss.

Answer the following statement true (T) or false (F)

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