Marketing goods that are currently in short supply would require significant marketing talent

Indicate whether the statement is true or false

FALSE

Business

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Which of the following transactions that impact current liabilities has a corresponding entry on the income statement?

A. Interest accrued on a note payable B. Purchase inventory on credit from company XYZ on January 1 C. Payment to XYZ on February 1 for a January 1 purchase D. Payment to employees in March for wages earned in February

Business

The number of units added to inventory depends on _____________

Fill in the blank(s) with the appropriate word(s).

Business