The balances of the revenue accounts are recorded in the Trial Balance Credit column, the Adjusted Trial Balance Credit column, and the Balance Sheet Credit column of the worksheet.

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


False

Business

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Agricultural assemblers, petroleum bulk plants and terminals, and auction companies are examples of ________

A) full-service wholesalers B) specialized wholesalers C) limited-service wholesalers D) merchant wholesalers E) brokers

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The Atkinson model considers which of these benefits is being accrued by the organization if a project is successful?

A) Information quality B) Validity C) Satisfied users D) Increased profits

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The value of goods on hand for sale to customers is called

A. sales. B. merchandise inventory. C. cost of goods sold. D. prepaid expenses. E. operating expenses.

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Thelma is planning for her son's college education to begin five years from today. She estimates the yearly tuition, books, and living expenses to be $5,000 per year for a four-year degree, assuming the expenses incur only at the end of the year. How much must Thelma deposit today, at an interest rate of 8 percent, for her son to be able to withdraw $5,000 per year for four years of college?

A) $20,000 B) $13,620 C) $39,520 D) $11,270

Business