Form reports are used for _________.? A. anything sent via mail B. repetitive reports C. proposals to customers
Fill in the blank(s) with correct word
repetitive reports
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Takenson Corp is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $500,000 Purchases 225,000 Inventory (beginning) 16,000 Inventory (ending) 30,000 Operating Expenses 148,000 Income Tax Expense 10,000 Retained Earnings (beginning) 53,000 Dividends 15,000 Refer to the information for Takenson Corp Calculate the gross profit
a. $241,000 b. $275,000 c. $425,000 d. $289,000
Which is true concerning demonstrations?
a. Demonstrations should be done only by the person presenting. b. Demonstrations should always include volunteers from the audience. c. Demonstrations will distract from the speaker. d. Demonstrations should be done with an assistant if necessary.
Envy is
a. a positive feeling toward others. b. a desirable personal trait. c. a destructive human emotion. d. none of these choices.
For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, and (2) identify the normal balance of the account.Account TitleAccount TypeNormal Balance (Debit or Credit)a. Prepaid Insurance??b. Accounts Payable??c. Common Stock??d. Utilities Expense??e. Land??f. Services Revenue??g. Notes Receivable??h. Advertising Expense??i. Unearned Revenue??j. Service Revenue??
What will be an ideal response?