The appropriations account of a governmental fund is credited when the budgetary accounts are closed. the budget is recorded. supplies are purchased. expenditures are recorded.

The Strug Company purchased office furniture and equipment for $8,600 and agreed to pay for the purchase by making five annual installment payments beginning one year from today. The installment payments include interest at 8%.

Why might a small business do better than a large business in a difficult economy

Name some skills an accessory designer has to have that a sales representative does not.

Training is the hidden cost associated with ERP implementations that is considered the most under-estimated.

The balance in the supplies account before adjustment at the end of the year is $873. The proper adjusting entry if the amount of supplies on hand at the end of the year is $270 would be

The accounting cycle starts with a. closing out the periodic accounts. b. recording the transaction based on the information in a source document. c. preparing the financial statements. d. preparing the adjusting entries.

Ratemakers at ABC Insurance Company calculated the pure premium to be $280 for a risk they were considering insuring. What is the gross rate for this risk, assuming a 30 percent expense ratioA) $364 B) $400 C) $430 D) $520

When plant assets are purchased as a group in a single transaction for a lump-sum price, the cost of the purchase is allocated among the different types of assets acquired based on their relative market values. true or false

What are the security and management issues concerning virtual offices, especially hooked up into large virtual networks?

Burns Industries currently manufactures and sells 20.000 power saws per month, although it has the capacity to produce 35,000 units per month.