When should you open a credit card account?

When you want to take an exotic vacation

When you have a plan for paying it back

When you need new clothes for an event

When you want to loan money to a friend

Which sequence correctly summarizes the accounting process? a. journalize transactions, prepare a trial balance, post to the accounts b. post to the accounts, journalize transactions, prepare a trial balance c.

Which of the following is a good indicator of economic stability? a. foreign policy c. general price levels b. general foreign trade d. job-related safety

purchased equipment, a building, and land for one price of $6,050,500. The estimated fair values of the equipment, building, and land are $1,000,000, $7,000,000, and $2,000,000, respectively. At what amount would the company record the building

Water and food are examples of? A. wants B. needs

The amount you owe in state income is based on

On November 1, 2018, Aviation Training Corp. borrows $49,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31. Required: 1., 2. & 3.

A stock's price is simply the current market price, and it is easily observed for publicly traded companies.

Why is important to have a personal financial so important

Cruz Company uses LIFO for inventory costing and reports the following financial data. It also recomputed the inventory and cost of goods sold using FIFO for comparison purposes.

Another benefit of planning ahead for the specific degree you want is A - the opportunity for college scholarships B - less free time to devote to other activities C - frequent searches online to find sources D - additional cost to the parents for