The ledger is a?

A. Chronological record of the days transactions.

B. Group of accounts that records data from business transactions.

C. Took used to ensure that debits equal credits

D. Tool used to make sure that all accounts have normal balances

Which of the following statements about new product development strategy is correct? A. New products are not a major source of growth for companies. B. Good advertising creates successful new products. C.

Pharrell, a project manager, determines the number of employees to be assigned for a certain project. identify the managerial role being implemented by pharrell. liaison disturbance handler negotiator resource allocator leader

A truck is purchased on credit. For this transaction, identify the effect on the accounting equation. a. Liabilities increase and owners' equity decreases. b. Liabilities decrease and assets decrease. c. Assets increase and owners' equity increases.

ABC Software is a producer of educational software for children below the age of twelve. The company has operations in Switzerland and would like to expand its foreign operations with a new facility in China.

The following transactions were completed by the company (a) The company completed consulting work for a client and immediately collected $6,700 cash earned (b) The company completed commission work for a client and sent a bill for $5,200 to be

Which of the following is a factor to be considered in determining a limited-life intangible asset's useful life? (a) Any legal provisions that may limit the useful life. (b) The expected useful life of any related asset.

If you see a large group of stranded passengers standing next to a disabled bus, and you have only three seats in your car, deciding who to rescue deals with the issue of:a) efficiencyb) equityc) scarcityd) macroeconomics

Nonprofit organizations differ from profit organizations in that nonprofit organizations: Group of answer choices target the niches that may be most profitable.

1. The closing entry for the Loss on Plant Assets account includes a debit to (A) Retained Earnings. (B) Income Summary. (C) Loss on Plant Assets. (D) Gain on Plant Assets.

An employee earns $2,000.00 per month in gross pay, but pays $104.36 for health insurance, 9% in federal taxes, for state taxes, and 2% for local taxes. What is the employee's net pay?