Under the periodic inventory system, the merchandise inventory account always reflects the current inventory on hand
Indicate whether the statement is true or false
F
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A purchases journal is a special journal used to record cash purchases of merchandise
Indicate whether the statement is true or false
Which of the following statements is NOT a guideline for formatting tables?
a. Center headings and data in the cells. b. Use a small (size 10), sans serif font, like Calibri. c. Use Merge to create a top row for the number and title. d. Change column width to fit contents of the longest row.
Cross-border mergers and acquisitions demand a ______, as organizations must align both organizational and national cultures.
A. double-layered acculturation B. organizational replication C. value creation D. Incompatibility of the partners
The Unadjusted Trial Balance columns of a work sheet total $84,000. The Adjustments columns contain entries for the following: 1. Office supplies used during the period, $1,200. 2. Expiration of prepaid rent, $700. 3. Accrued salaries expense, $500. 4. Depreciation expense, $800. 5. Accrued service fees receivable, $400. The Adjusted Trial Balance columns total is:
A. $87,600. B. $85,900. C. $85,700. D. $80,400. E. $84,000.