Consuming goods and services in the process of generating revenues results in expenses.

a. True

b. False

a company had a revenue of 550,000, rent expense of 100,000, utility expense of 10,000, salary expense of 125,000, depreciation expense of 39,000, advertising expense of 40,200, dividends in the amount of 183,000 and an ending balance in retained

Which of the following are common trade promotion tools? A. Rebates, discounts, free goods, and allowances. B. Discounts, free goods, coupons, and rebates. C. Rebates, samples, coupons, and price packs. D.

In preparing a company's statement of cash flows for the most recent year, the following information is available: Loss on the sale of equipment $14,000 Purchase of equipment $225,000 Proceeds from the sale of equipment $106,000 Repayment of

Tao co. Receives $10,000 cash in advance for four months of legal services on october 1, 2016, and records it by debiting cash and crediting unearned revenue both for $10,000.

The ppi includes the prices of capital goods?

Which one of the following is not a financial intermediary? A. Security dealers B. Insurance companies C. Real estate investment trusts D. Pension funds

Sherry often makes long personal phone calls from her desk during the work day. Alvin likes to wear shorts and old t-shirts to work during the summer. Jillian usually arrives 10 minutes late to the office in the morning.

Which of the two would you consider most important, money or inventory?

Which of the following statements is true? A.) Recombination of the body color and red/cinnabar eye alleles will occur more frequently than recombination of the alleles for wing length and aristae length. B.

What will the federal government (federal reserve bank) do in an attempt to encourage saving and investing?