The account Dividends has a normal credit balance

Indicate whether the statement is true or false


F

Business

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Bonds issued by corporations or governmental bodies as a form of borrowing are called ____________________

Fill in the blank(s) with correct word

Business

Customer expectations are based on a customer's knowledge and experiences.

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

Business

Royer Corporation engaged in this transaction: Sold buildings and equipment for cash. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows

a. Operating activities section b. Investing activities section c. Financing activities section d. Does not represent a cash flow

Business

The basic rules of strict liability apply in determining the existence and nature of the relationship of principal and surety.

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

Business