An area that has too few retail stores to satisfy its population's needs is _____
a. saturated
b. understored
c. not reaching its economic base potential
d. located at the point of indifference
b
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A normal balance is the side of an account that is increased
Indicate whether the statement is true or false
Supplies originally cost $500, but only $50 worth of supplies remain on hand at the end of the month. The adjusting entry would be
a. debit Supplies Expense, $50; credit Supplies, $50; b. debit Supplies Expense, $450; credit Supplies, $450; c. debit Supplies, $50; credit Supplies Expense, $50; d. debit Supplies, $450; credit Supplies Expense, $450; e. none of these
Ampertonde, a company that sells consumer durables, decides to take its top 20 best-performing salespeople on a cruise for two weeks. However, the management mandates that the other salespeople who are not among the top 20 will have to report for work during those two weeks. Which of the following theories of motivation does this scenario best illustrate?
A) Reinforcement theory
B) Equity theory
C) Alderfer's ERG Theory
D) McClelland's Learned Needs Theory
On January 1, a company issued and sold a $410,000, 4%, 10-year bond payable, and received proceeds of $405,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The carrying value of the bonds immediately after the second interest payment is:
A. $404,750. B. $405,250. C. $410,000. D. $409,750. E. $405,500.