The more complex a culture is, the less likely it is to develop subcultures

The entry to record depreciation includes a debit to the ________

A) Equipment account B) Cash account C) Accumulated Depreciation account D) Depreciation Expense account

If a purchaser is transferred to another city before closing, can he or she assign the contract and let the new purchaser close?

A. Yes, unless there is a statement in to contract to the contrary. B. No, only the seller can transfer his or her interest to another party. C. No, contracts cannot be assigned. D. Yes, all contracts can be assigned.