Which of the following is an example of an accrual?
a. Bookkeeping fees collected but not yet earned
b. Six months' rent paid in advance
c. Interest earned but not yet received
d. Equipment purchased for use in the business
C
Business
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The listing contract belongs to the designated listing broker.
a. true b. false
Business
Independent insurance agents
A) work for just one insurance company. B) represent many different insurance companies. C) work for only two or three companies. D) are self-employed and represent their own companies.
Business