A credit entry:
A. Always increases an account.
B. Increases asset and expense accounts, and decreases liability, common stock, and revenue accounts.
C. Always decreases an account.
D. Is recorded on the left side of a T-account.
E. Decreases asset and expense accounts, and increases liability, common stock, and revenue accounts.
Answer: E
You might also like to view...
To prevent groupthink, it is a good idea to ______.
A. close off the group from distractions B. have the leader state a preference C. invite outsiders to the group D. spend as little time as possible between the initial decision to the confirmation
______ are created, shared, and sustained by community members because they promote behavior that benefits the collective.
a. Moderators. b. Guidelines. c. Social norms. d. Standards of behavior. e. Regulations.
Blockbuster is a North American video and DVD sales and rental chain. Use the financial information in the table to calculate Blockbuster's maximum internal growth rate
Selected Ratios Blockbuster Inc. As of December 31, Year 2 ROE -4.18% ROA -3.10% Net Profit Margin -4.66% Total Asset Turnover 0.67 Dividend Payout Rate 0% A) -3.0% B) 0% C) 1.0% D) 2.0% E) 3.0%
The WTO is overseen by the Ministerial Conference, which is made up of: A) the presidents, prime ministers, and royalty from all WTO member nations
B) high-ranking representatives from all WTO member nations. C) high-ranking representatives from a select group of wealthy WTO member nations. D) five representatives from each of the WTO member nations.