A business pays $800 cash for office supplies. Which of the following accounts is credited?

A) Cash
B) Accounts Payable
C) Office Supplies
D) Office Supplies Expense

Answer: A) Cash

Business

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Broker Wallace represented a young man in the sale of his home. After purchase terms had been agreed to and the grant deed had been signed and delivered into escrow, the title company discovered the seller was not yet 18 years old and was not emancipated. The grant deed is:

a. illegal. b. void. c. voidable. d. valid.

Business

Sales quotas are specific sales goals that salespeople are required to meet

Indicate whether the statement is true or false

Business