Which is not a popular search engine?

A) Google
B) Linux
C) AltaVista
D) Lycos

B

Business

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Carnival Bakery borrowed $500,000 from Front Street Bank. Carnival then hired a contractor to build a new cookie distribution outlet. In which section of Carnival's statement of cash flows would you find information that indicated that Carnival acquired the new cookie distribution outlet?

a. Operating Activities b. Investing Activities c. Financing Activities d. Profit Activities

Business

Which of the following statements is correct regarding partnerships?

A) Accounting for a partnership is similar to accounting for a corporation. B) If the partnership assumes a liability related to an asset invested in the partnership, the partner's capital account is credited and a liability account is debited. C) It is necessary to maintain separate Capital and Withdrawals accounts for each partner. D) All of these choices.

Business