A tabulation of invoices at the end of the day showed $1,600 in MasterCard invoices, which were deposited into a bank account at full value, less a 5 percent discount. The entry to record the above events would include an increase in
A) Accounts Receivable for $1,520.
B) Cash for $1,600.
C) Sales for $1,520.
D) Credit Card Expense for $80.
D
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An easement can be created by adverse possession.
Answer the following statement true (T) or false (F)
Compare and contrast qualitative and quantitative research (Table 5.1 in the text)
What will be an ideal response?
A message has high skim value when it __________
A) can be browsed quickly for main ideas B) is one paragraph long C) is submitted on paper rather than e-mail D) ?has no grammatical or mechanical errors
Roberts Communications owns a television station. Brodkin Davis, a law firm, wants to advertise on the station. The manager of the station calls his bank and asks them to do a credit check on the law firm
The bank writes back saying that the firm has an excellent rating. Unfortunately, the bank confused Brodkin Davis with Brodkin Davey. The latter firm has excellent credit; the former firm has just been formed and has no credit. They are unable to pay for the expensive advertising Roberts agrees to provide, so Roberts sues the bank. What is the result? A) Roberts may rescind its contract with the bank. B) Roberts may obtain damages from the bank. C) Roberts may both rescind its contract with the bank and obtain damages from it. D) Roberts has no claim against the bank. E) Roberts may rescind its contract with the bank and obtain damages from Brodkin Davis.