Boards of large companies create ___________ and appoint directors to serve on them.
Fill in the blank(s) with the appropriate word(s).
Answer: committees
Business
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On January 1, Year 1, Big Seats Furniture, Inc., issued $200,000 worth of 8% bonds at $200,000. Interest will be paid annually on December 31. Show the effect of the first interest payment on the accounting equation. What is asset?
A. (16,000) Cash B. (8,000) Interest Payable C. 0 No Effect D. 16,000 Interest Income E. 16,000 Cash F. (16,000) Interest Expense G. 216,000 Bonds Payable H. 200,000 Bonds Income
Business
In China, the minimum wage rates are set for each ________
FIll in the blank with correct word.
Business