What type of account is Cash?
A. Expense
B. Revenue
C. Asset
D. Liability
Ans: C. Asset
Business
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With a restricted stock, the recipient receives dividends and can vote the shares but cannot sell them until the restriction is lifted.
a. true b. false
Business
Two methods of estimating uncollectible receivables are ________
A) the allowance method and the amortization method B) the aging-of-accounts-receivable method and the percent-of-sales method C) the gross-up method and the direct write-off method D) the direct write-off method and the percent-of-completion method
Business