At the year end inventory count, if goods in transit are shipped FOB shipping point, they should be included in the inventory count of
a. The seller
b. The buyer
c. Both the seller and the buyer
d. Neither the seller no the buyer
b
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Review the transactions below and identify with an "X" those that would be posted as a credit in the ledger (The first one has been done for you):__X_1. Salary Payable was increased.____ 2. Cash was decreased____ 3. Equipment was increased____ 4. Common Stock was increased____ 5. Salaries Expense was increased____ 6. Accounts Receivable was decreased____ 7. Unearned Revenue was increased____ 8. Dividends was increased____ 9. Supplies was increased____ 10. Building was increased____ 11. Utilities Expense was increased____ 12. Service Revenue was increased
What will be an ideal response?
Alyssa wants to become a better listener in the workplace. Which of the following is the best technique she can do to improve her listening skills?
A) Don't maintain direct eye contact because doing so may distract the speaker. B) Interrupt whenever she has an opinion on the topic to share with her speaker. C) Rephrase and summarize the speaker's message in her own words. D) Avoid asking any questions because doing so may distract the speaker.
Your sister turned 35 today, and she is planning to save $60,000 per year for retirement, with the first deposit to be made one year from today. She will invest in a mutual fund that's expected to provide a return of 7.5% per year. She plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. Under these assumptions, how much can she spend each year after she retires? Her first withdrawal will be made at the end of her first retirement year.
A. $495,339.99 B. $601,086.73 C. $567,693.03 D. $556,561.79 E. $539,864.94
Fuel Connector Products, Inc, agrees to sell Go-Flo, Inc, a certain quantity of hose couplings and fittings, but the contract does not specify a place of delivery. Go-Flo is expected to pick up the goods. The place of delivery is? A)?Fuel Connector's place of business
B)?Go-Flo's place of business. C)?the current location of the hose couplings and fittings. D)?the U.S. Postal Service office nearest to Go-Flo's place of business.