The purchase of a new cooling system for $150,000 to upgrade an office building owned by the company would be accounted for as:
A. An expense in the period of the purchase.
B. A patent.
C. An addition in the Buildings account.
D. Goodwill.
Answer: C
You might also like to view...
A ____ statement should describe what the organization stands for, its core priorities, the values its employees embody, and what its products contribute to the world.
A. mission B. vision C. values D. diversity E. strategy
The first step in implementing merchandise plans is selecting and interacting with merchandise sources
Indicate whether the statement is true or false
Delivering bad news electronically or by email may result in:
a. the sender's avoiding the discomfort of facing the recipient. b. careless writing that is tactless. c. writing that is not empathetic. d. All of these are correct.
The physical view of information focuses on how individual users logically access information to meet their own particular business needs.
Answer the following statement true (T) or false (F)