What are blogs and how can they benefit organizations?
What will be an ideal response?
A blog, short for "web log," is used to facilitate collaboration and knowledge sharing. A blogger maintains a website composed mainly of ongoing commentary, images, and links to other online resources. The posts are displayed in reverse chronological order so that the most recent appears on top. Blogging software, such as the free versions available through Wordpress and Blogger, simplifies the task of creating your own website to express opinions, review products, discuss hobbies, or just rant. Readers can add their own comments to the blogger's posts, joining in the asynchronous discussion. For organizations, blogs are a popular means of building knowledge bases. They are also used for marketing and communications, to create a more intimate connection with customers and suppliers.
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If the expected ____________________ exceeds the __________________, the excess is used to repay loans or to acquire short-term investments.
Fill in the blank(s) with the appropriate word(s).
Sedlor Properties purchased office supplies on account for $800. Which journal entry records the payment of those office supplies?
a. Accounts Payable 800 Accounts Receivable 800 b. Accounts payable 800 Cash 800 c. Cash 800 Accounts payable 800 d. Office supplies 800 Cash 800