A corporation purchased office supplies on account. As a result of this transaction, expenses and liabilities will increase

Indicate whether the statement is true or false

FALSE .Assets and liabilities increase.

Business

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Shoe Trends, a company that manufactures formal shoes for men and women, offers to give its customers $10 for an old pair of shoes when they buy a new pair. In essence, they're reducing the price of the new shoes by $10

What is this type of price adjustment called? A) functional discount B) captive product pricing C) seasonal discount D) trade-in allowance E) by-product pricing

Business

Should the system be changed so that directors are elected by popular vote? The directors who receive the most votes are elected to the board. Should there be a minimum number of positive votes that each candidate has to receive before she/he can be elected to the board?

Business