For which of the following should you use the indirect strategy?
A. inquiries
B. positive responses to claims
C. requests
D. none of these
D. none of these
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When a small stock dividend is declared and the market value exceeds the par or stated value of the shares, the excess of market value over par or stated value should be entered in which of the following accounts?
a. Stock Dividends. b. Stock Dividends Distributable. c. Paid-In Capital in Excess of Par. d. Capital Stock.
The normal balance of the accumulated depreciation account is debit
Indicate whether the statement is true or false
Strods Company reported the following purchases and sales for its only product. Strods uses a periodic inventory system. Determine the cost assigned to cost of goods sold using LIFO.DateActivitiesUnits Acquired at CostUnits Sold at RetailMay 1Beginning Inventory340 units @ $19 5Purchase315 units @ $21 10Sales 235 units @ $2915Purchase195 units @ $22 24Sales 185 units @ $30
A. $8360 B. $9005 C. $8350 D. $8140 E. $9015
Language, whether positive or negative, has little impact on how a message is received.
Answer the following statement true (T) or false (F)