Journal Entry Revenue account increases

A) Debit (Dr.)
B) Credit (Cr.)

Ans: B) Credit (Cr.)

Business

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Alice, a middle manager in an oil company, makes $35,000 a year. Her boss makes $41,000, her peers average $33,000, and her employees average $29,000. Alice doesn't know the pay of these co-workers, but we ask her to guess. Research suggests that she will say

A) the employees average $28,000. B) the boss makes $43,000. C) the peers average $34,000. D) the boss makes $45,000. E) the peers average $30,000.

Business

Limit orders stay in effect until they are cancelled or executed

Indicate whether the statement is true or false.

Business