The account form and the report form of the balance sheet are both acceptable under GAAP.
a. true
b. false
Ans: a. true
Business
You might also like to view...
What is the primary purpose of charts and tables in a business report
What will be an ideal response?
Business
A firm offered 3/10, net 30 as terms of trade credit on a $1,000 invoice dated January 1. How much must the purchaser offer to pay in full on January 4th?
A) $1,000.00 B) $970.00 C) $971.16 D) $1,030.00
Business