2) accounting principles are divided into two types. these are -

a. accounting concepts

b. accounting conventions

c. accounting standards

d. (1) and (2) both

After posting the entries to close all revenue and expense accounts, Marker Company's Income Summary account has a credit balance of $6,800, and its Marker, Withdrawals account has a debit balance of $2,900.

What is meant by productivity

For each of the following cases determine the ending balance in the inventory account. (Hint: First, determine the total cost of inventory available for sale. Next, subtract the cost of the inventory sold to arrive at the ending balance.) a.

Schwartz Industry is an industrial company with 102.6 million shares outstanding and a market capitalization (equity value) of $ 3.49 billion. It has $2.05 billion of debt outstanding.

Relatives gave timothy $15, $50, $25, and $18 for his birthday. what is the mean amount of money relatives gave timothy for his birthday?

Broom Corporation transfers assets with an adjusted basis of $300,000 and an FMV of $400,000 to Docker Corporation in exchange for $400,000 of Docker Corporation stock as part of a taxminusfree reorganization.

Coins, currency, demand deposits and travelers checks fit what definition of money supply? a. M1 b. M2 c. M3 d. M4

Which of the following lists correctly orders assets from most liquid to least liquid? Savings deposits, paper currency, house, stocks Paper currency, savings deposits, stocks, house Stocks, house, paper currency, savings deposits Stocks, paper

Real risk-free rate is 2.25% (r*). Inflation is expected to be 2.5% (IP) this year and 4.25% during the next 2 years. Assume maturity risk premium is 0. What is the yield on 2 year Treasury securities.

Micron owns 35% of Martok. Martok pays a total of $47,000 in cash dividends for the period. Micron's entry to record the dividend transaction would include a: Credit to Long-Term Investments for $16,450. Debit to Long-Term Investments for $16,450.