Listening commonly consumes more of a business employee's time than reading, writing, and speaking combined
Indicate whether the statement is true or false
T
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On April 1, Garcia Publishing Company received $1,548 from Otisco, Inc. for 36-month subscriptions to several different magazines. The company credited Unearned Fees for the amount received and the subscriptions started immediately. Assuming adjustments are only made at year-end, What is the adjusting entry that should be recorded by Garcia Publishing Company on December 31 of the first year?
A. debit Unearned Fees, $129; credit Fees Earned, $129. B. debit Unearned Fees, $1,548; credit Fees Earned, $1,548. C. debit Unearned Fees, $1,161; credit Fees Earned, $1,161. D. debit Unearned Fees, $516; credit Fees Earned, $516. E. debit Unearned Fees, $387; credit Fees Earned, $387.
Which of the following definitions describes a drawee to a bill of exchange?
A. the issuer of a bill of exchange B. a person who signs a bill of exchange or note to lend his or her credit to another party C. the person ordered to pay a bill of exchange D. a person who receives an endorsed bill of exchange or note from an endorser
Operators of public water systems must meet the Environmental Protection Agency's standards regardless of the economic and technological feasibility.
Answer the following statement true (T) or false (F)
MicroMedia Inc. $1,000 par value bonds are selling for $832. Which of the following statements is TRUE?
A) The bonds must have more than six years to maturity. B) The bonds are selling at a premium to the par value. C) The coupon rate is greater than the yield to maturity. D) None of the above is true.