Which of the following situations involves a deferral?
a. Recording accrued interest
b. Recording depreciation
c. Recording unrecorded wages
d. Recording unrecorded revenue
B
Business
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Credit terms 2/10, net 30 means ________
A) a discount of 10% is granted if payments are done within 30 days B) a discount of 10% is granted if payments are done within 2 days, net 30 days available C) a discount of 2% is granted if payments are done within 10 days, net 30 days available D) a discount of 2% is granted if payments are done within 30 days, beyond which a 10% interest is charged
Business
Digital technologies make it possible to produce and distribute a high-quality duplicate of any digital recording with minimal effort and cost
Indicate whether the statement is true or false
Business