Add new construction if: Current level of the property prices are __________________ The cost of the new construction

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

Ans: greater than

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A company sold merchandise with a cost of $231 for $480 on account. The seller uses the perpetual inventory system. The entry to record the cost of merchandise sold would include ________

A) a debit to Sales Revenue and a credit to Cash for $480 B) a debit to Cash and a credit to Sales Revenue for $480 C) a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $231 D) a debit to Merchandise Inventory for $231 and a credit to Cost of Goods Sold for $231

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A broadband communication system is one that has sufficient capacity to carry simultaneously which of the following?

A) multiple voice B) data C) video D) music E) all of the above

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