Forms are the only business documents you need to be interested in
Indicate whether the statement is true or false
FALSE
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Which method of improving response rate involves sending potential respondents a letter notifying them of the imminent mail, telephone, personal, or Internet survey?
A) motivating the respondents B) follow-up C) incentives D) prior notification
On November 1, Orpheum Company accepted a $11,300, 90-day, 12% note from a customer to settle his account. What entry should be made on the November 1 to record the acceptance of the note?
A. Debit Note Receivable $11,300; credit Sales $11,300. B. Debit Sales $11,300; credit Accounts Receivable $11,300. C. Debit Note Receivable $11,300; credit Accounts Receivable $11,300. D. Debit Note Receivable $11,639; credit Accounts Receivable $11,300; credit Interest Revenue $339. E. Debit Note Receivable $11,300; credit Cash $11,300.
The amount of goods available for sale during the year depends on the amounts of
a. beginning merchandise inventory, net cost of purchases, and ending merchandise inventory. b. beginning merchandise inventory and cost of goods sold. c. beginning merchandise inventory, cost of goods sold, and ending merchandise inventory. d. beginning merchandise inventory and net cost of purchases.
A check that has a full endorsement can be further endorsed by any bearer and, therefore, is not as safe as a check with a blank endorsement.
Answer the following statement true (T) or false (F)