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The interest charged on a $200,000 note payable, at a rate of 6%, on a 2-month note would be A. $12,000 B. $6,000 C. $3,000 D. $2,000
Weegy: D. $2,000 (More)
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Asked 6/10/2012 11:41:39 AM
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The purchase of treasury stock A. decreases common stock authorized B. decreases common stock issued C. decreases common stock outstanding D. has no effect on common stock outstanding
Weegy: A. decreases common stock authorized. (More)
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Asked 6/10/2012 11:45:44 AM
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Intangible assets are the rights and privileges that result from ownership of long-lived assets that A. must be generated internally B. are depletable natural resources C. do not have physical substance D. have been exchanged at a gain
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Updated 7/2/2012 5:30:35 AM
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Added 6/18/2012 5:28:26 PM
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Added 7/2/2012 5:30:35 AM
Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $15,000. If the balance of the Allowance for Doubtful Accounts is $3,000 credit before adjustment, what is the amount of bad debts expense for that period? A. $15,000 B. $12,000 C. $18,000 D. $8,000
Weegy: $12,000 (More)
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Updated 7/2/2012 5:42:39 AM
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Added 7/2/2012 5:29:31 AM
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Added 7/2/2012 5:42:40 AM
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