On July 1, 2018, Fred City ordered $1,500 of office supplies. They were to be paid for out of the general fund when received. Required: What entry was required for the governmental fund financial statements?

What is a mortgage? A) A type of rent used to pay for housing B) A type of loan used to buy property C) A measure of the value of a home D) A measure of your credit rating

Susan fires her Employee/Agent Martin. They had a disagreement and both decided to part ways. However, Martin had a sour taste in his mouth from the conversation. As a result, Martin approaches Susan's supplier Sam to order more supplies for Susan.

Merchandise is sold for cash. The selling price of the merchandise is $3,200 and the sale is subject to a 8% state sales tax. The journal entry to record the sale would include a credit to a. Sales Tax Payable for $256 b. Sales for $3,456 c.

Bramble Corp. just began business and made the following four inventory purchases in June: June 1 140 units $938 June 10 190 units 1292 June 15 190 units 1349 June 28 140 units 1050 $4629 A physical count of merchandise inventory on June 30 reveals

A fitness center is planning to invest in a specialized exercise equipment. This equipment is highly effective, but the club members could be injured if the equipment is not used correctly.

What is the difference between capital gain and capital loss?

g The Council of Economic Advisors to the President of a country reported gross investment expenditure at $400,000 during a particular year.

What are the order of in which management can take legal action against a employee

What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.

JRN Enterprises just announced that it plans to cut its dividend from $3.50 to $2.50 per share and use the extra funds to expand its operations.