Davis Corp has three employees. Each earns $600 per week for a five day work week ending on Friday. This month the last day of the month falls on a Wednesday. The company should make which of the following adjusting entries?
a. Credit Wage Expense for $360 and debit Wages Payable for $360
b. Debit Wage Expense for $1,080 and credit Wages Payable for $1,080
c. Credit Wage Expense for $1,080 and debit Wages Payable for $1,080
d. Debit Wage Expense for $360 and credit Wages Payable for $360
b
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Major sources of competitive advantage are cost advantage, differentiation advantage, and marketing advantage
Indicate whether the statement is true or false
Which of the following is TRUE of comprehensive income?
A) All items included in comprehensive income enter into the determination of net income. B) Dividend payments are not included in the determination of comprehensive income, even though it results in a decrease in total stockholders' equity. C) Comprehensive income includes company changes in total stockholders' equity from all sources, including owners' investments. D) Comprehensive income cannot be combined with a traditional income statement into a combined statement of comprehensive income.
Select the most effective opening for a persuasive request that invites a state representative to speak at your organization's Flag Day celebration. A) If you have June 14 open, would you be interested in speaking at our Flag Day ceremony?
B) Please consider this letter an invitation to address our organization on June 14. C) Your patriotism and leadership in the House of Representatives have improved the quality of life across our state. D) The Patriotic Council promotes respect for the flag and our country, just as you do, which is why we are asking you to be our guest speaker for our Flag Day ceremony on June 14.
?In the United States, the most common form of business is the _____, and the form of business that generates most of the sales and profits is the _____.
A. ?corporation; corporation B. ?corporation; proprietorship C. ?proprietorship; partnership D. proprietorship; corporation E. ?corporation; partnership