The first step in posting either a debit or a credit entry from the journal to the ledger is to transfer the

a. amount.

c. account number.

b. explanation.

d. date.

Which of the following is incorrect? a. Given aggregate demand, an increase in aggregate supply increases real output and, assuming downward-flexible prices, reduces the price level. b. As the U. S. price level rises, U. S.

Most people buy a house with cash. True False

Sasha's new company has told her that she will be required to move at her own expense in two years. What should she consider before making her decision? a. The monthly costs of renting and buying. b.

What types of information does a W-2 form contain? Check all that apply.

The formula Nequalspplus0.02p models the new population, N, of a town with current population p if the town is expecting population growth of 2 % next year. Find the new population of a town whose current population is 4200 persons.

A person believes that real equality can only exist when political equality is coupled with economic equality. This person believes that democratic means should be used to distribute wealth evenly throughout society. This person is a socialist. T/F

Determine the cost of merchandise sold for the transaction on September 25 using the perpetual inventory system and the FIFO method.

Venus Robotics can produce 23,000 robots a year on its daytime shift. The fixed manufacturing costs per year are $2 million and the total labor cost is $9,109,000.

The Keaton, Lewis, and Meador partnership had the following balance sheet just before entering liquidation: Cash $ 100,000 Liabilities $ 40,000 Noncash assets 210,000 Keaton, Capital 90,000 Lewis, Capital 60,000 Meador, Capital 120,000 Total $

In the context of management functions, which of the following is true of planning? a) It involves hiring and leading workers. b) It is the last function of management. c) It is one of the best ways to improve performance.