The articles of incorporation usually include all of the following except:
a. name of the CEO
b. address of the corporation c. purpose of the business
d. classes of stock to be issued
e. all of the other choices are included
a
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Camp Consulting Services started business on January 1, 2016 . Camp performed services for customers totaling $100,000 of which 40% remain uncollected at the end of December. Under the accrual basis, what amounts would appear on Camp Consulting's financial statements for 2016? Income Statement Statement of Cash Flows
a. $100,000 $ 60,000 b. $100,000 $100,000 c. $ 60,000 $ 60,000 d. $ 60,000 $100,000
The Stapel scale is usually presented horizontally
Indicate whether the statement is true or false
Use the T-account format to evaluate the transactions affecting the long-term notes payable account.
Kansas Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:
Additional information provided by the company includes the following:
During 2019, the company repaid $60,000 of long-term notes payable.
During 2019, the company borrowed $51,000 on a new long-term note payable.
An example of a good retail promotional objective is to _____
a. generate store traffic b. increase store loyalty c. encourage shoppers to recommend friends d. increase sales by 20 percent over the same period last year