Which of the following would cause a contra-asset to be credited and an expense debited?
A) Recording an accrued expense
B) Recording the consumption of supplies
C) Recording the building depreciation
D) All of the above would have that effect.
Answer: C
Business
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The Assembling Department of Mat Liners, Inc. had 8,000 units in process on December 1 and received 15,000 units from the Sewing Department. Calculate the number of units to account for by the Assembling Department for December
A) 23,000 units B) 15,000 units C) 8,000 units D) 7,000 units
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Pampers divides its market demographically on the basis of ________ into prenatal, new baby, baby, toddler, and preschooler
A) life stage B) gender C) age D) income E) social class
Business