Which groups of U.S. nonfinancial firms have the highest composite proportions of PP&E to TA?

Laws that prohibit retail stores from being open for business on Sundays are called blue laws.

a. true b. false

A business renders services to a customer for $26,000 on account. Which of the following accounts is credited?

A) Cash B) Accounts Receivable C) Service Revenue D) Accounts Payable