Purchasing an established business can be considered a form of entrepreneurship

Indicate whether the statement is true or false

True

Business

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__________is a process whereby a consumer notices certain stimuli and ignores others

Fill in the blanks with correct word.

Business

A business hired a repair service to overhaul its plumbing system. The repair service began work on September 15 and intends to complete it on October 15. The business will pay the repair service $4,000 when the work is completed

As of September 30, the work was 50% complete. Provide the adjusting entry to accrue repair expense by the end of September. (Ignore explanation). What will be an ideal response

Business