Which of the following situations does not require Empire Company to record an adjusting entry at the end of January?
A. On January 1, Empire Company purchased delivery equipment with an estimated useful life of five years.
B. On January 1, Empire Company began delivery service for a large client who will pay at the end of a three-month period.
C. At the end of January, Empire Company pays the custodian for January office cleaning services.
D. On January 1, Empire Company paid rent for six months on its office building.
C
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A small refrigeration shop stocks up on electric motors from a catalog supplier located in the Midwest. The price of the motors varies depending on the quantity purchased; the price breaks are shown in the table
The refrigeration shop knows it will need around 600 motors for the coming season and that it will cost them about $40 to place an order. Storage cost for the motors is $10 each. In previous years they have bought all 600 at once and they are considering doing this again. What order quantity would you advise and how much can they save using your recommendation instead of their one order per year strategy? Quantity Price/unit 1-49 $35.00 50-99 $34.00 100-499 $33.00 500 or more $30.00 What will be an ideal response?
Wimba is just one of several software programs which provide interaction between participants via their computers just as if they were face-to-face
Indicate whether the statement is true or false.