Automobile insurance rates are likely to differ for all of the following reasons except some cars

A) are more popular than others.
B) cost more to repair after accidents.
C) are more common theft targets.
D) are higher priced.

Answer: A

Business

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A business paid $48,000 cash to purchase equipment. The business would:

A) debit Equipment for $48,000 and credit Accounts Payable for $48,000. B) debit Equipment for $48,000 and credit Cash for $48,000. C) debit Cash for $48,000 and credit Notes Payable for $48,000. D) debit Accounts Payable for $48,000 and credit Cash for $48,000.

Business

The character recognition code used to print identifying information on the front of a check is known as the Character Identifier

Indicate whether the statement is true or false

Business