Use this information pertaining to the Alvino Corporation to answer the following question. 1 . The corporation's Store Supplies account showed a beginning debit balance of $200 and supplies purchased of $800 . There were $300 of supplies on hand at year end. 2 . Depreciation on a building is estimated to be $5,000. 3 . A one-year insurance policy was purchased for $2,000 . Three months have
passed since the purchase. 4 . Accrued interest on a note receivable amounted to $100. 5 . The company received a $3,600 advance payment during the year on services to be performed. By the end of the year, one-fourth of the services had been performed. The adjusting entry to record the accrued interest on the note is
a. Interest Expense 100
Interest Receivable 100
b. Interest Payable 100
Interest Expense 100
c. Interest Receivable 100
Interest Income 100
d. Interest Income 100
Interest Receivable 100
C
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The slashes is sometimes called a solidus and sometimes called a ______________
a. virgule b. half-bracket c. ampersand d. atmark
In what ways does CSRA reflect each of the tides of reform?
What will be an ideal response?
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Answer the following statement true (T) or false (F)
The passage of federal securities disclosure laws occurred largely as the result of:
A) ?voluntary self-regulation by ethics experts in the securities industry B) ?the stock market crash of 1929. C) ?changes in the international market for securities and negotiable instruments. D) ?legislative changes protecting debtors and creditors.