The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the principle idea of?

When government gives money to a college student this is an example of a consumer

Sherry is a server at a restaurant. she is trained to ask if customers would like coffee and dessert after they finish their meal. what term best describes what sherry is doing?

Which assumption or principle requires that all information significant enough to affect adecision of reasonably informed users should be reported in the financial statements? a. Matching. b. Going concern. c. Historical cost. d. Full disclosure.

Financial statements can be prepared directly from the? reversing trial balance. post-closing trial balance. All of these are correct. trial balance. adjusted trial balance.

If Best Buy sells a handheld personal planner for $199.99 and Best Buy marked up the personal planner 35% on the selling price, the cost of the handheld personal planner would be $129.99.

What is the alternate name for income tax return form1040?

Porite Company recognizes revenue in the period in which it records an asset for the related account receivable, rather than in the period in which the account receivable is collected in cash.

You have $ 400 and a bank is offering 4.0 % interest on deposits. If you deposit the money in the bank, how much will you have in one year?

A promissory note a. cannot be factored to another party. b. has the party to whom the money is due as the maker. c. may be used to settle an accounts receivable. d. is not a formal credit instrument.

Davison Company determined that the book basis of its net accounts receivable was less than thetax basis of its net accounts receivable by $800,000 due to a difference in the allowance for baddebts account.