Approximately 80% of small businesses have a Facebook page. True False

Match the following terms with a short description of that term: Consistency, Atomicity, Isolation, Durability, Serializability. a. The data used by one transaction can not be used by another transaction until the first one has completed. b.

Brain Wing Inc. has won the bid to build airplanes for a host country government. However, the execution of the contract has been delayed due to certain unproductive, bureaucratic procedures in the less developed nation.

In which of the following circumstances may auditors issue the standard (unmodified) report on the entity's financial statements? A.

The decisions of financial institutions affect consumer spending. a. True b. False

On May 2, Wainwright Company receives a $3,000, 4-month, 10% note from Fulton Company as a settlement of its accounts receivable. What entry will Wainwright Company make when it receives the note on May 2?

Strawberry Fields purchased a tractor at a cost of $39,000 and sold it two years later for $25,300. Strawberry Fields recorded depreciation using the straight-line method, a five-year service life, and an $7,000 residual value. Required: 1.

2. Buckeye Industries has a bond issue with a face value of $1000. The value of Buckeye's asset is $1200. In one year they will be worth either $800 or $1400. The going rate on T-bill is 4 percent.

What are we willing and able to buy

The account cash overage is which type of account? an asset account a liability account a miscellaneous revenue account a miscellaneous expense account

Included in Vernon Corp.'s liability account balances at December 31, 2017, were the following: 7% note payable issued October 1, 2017, maturing September 30, 2018 $375,000 8% note payable issued April 1, 2017, payable in six equal annual