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In classifying transactions, which of the following is true in regard to assets? A. Normal balances and increases are debits. B. Normal balances and decreases are credits. C. Normal
balances can either be debits or credits for assets. D. Normal balances are debits and increases can be debits or credits.
In classifying transactions the following is true in regard to assets: A. Normal balances and increases are debits.
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Original conversation
User: In terms of sequence, in what order must the four basic financial statements be prepared? A. Balance sheet, income statement, statement of cash flows, and capital statement B. Income statement, capital statement, statement of cash flows, and balance sheet C. Balance sheet, capital statement, statement of cash flows, and income statement D. Income statement, capital statement, balance sheet, and statement of cash flows

User: In classifying transactions, which of the following is true in regard to assets? A. Normal balances and increases are debits. B. Normal balances and decreases are credits. C. Normal balances can either be debits or credits for assets. D. Normal balances are debits and increases can be debits or credits.

Weegy: In classifying transactions the following is true in regard to assets: A. Normal balances and increases are debits.
debnjerry|Points 29897|

User: In classifying transactions, which of the following is true in regard to assets? A. Normal balances and increases are debits. B. Normal balances and decreases are credits. C. Normal balances can either be debits or credits for assets. D. Normal balances are debits and increases can be debits or credits.

Weegy: In classifying transactions the following is true in regard to assets: A. Normal balances and increases are debits.
debnjerry|Points 29897|

User: 4) An increase in an expense account must be A. debited B. credited C. either debited or credited, depending on the circumstances D. capitalized

User: ABC Corporation issues 100 shares of $1 par common stock at $5 per share, which of the following is the correct journal entry? A. Cash $100 Common Stock $100 B. Cash $500 Common Stock $500 C. Cash $500 Paid-in Capital, Excess of Par $400 Common Stock $100 D. Cash $100 Paid-in Capital, Excess of Par $400 Common Stock $500

Weegy: If the treasury stock is sold for more than cost, then the paid-in capital treasury stock is the account that is increased, not retained earnings. So ans is B.
Expert answered|Shanaaz1986|Points 170|

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Asked 4/17/2012 1:18:30 PM
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1) The form of alternative dispute resolution wherein the parties hire someone to review the evidence and make a decision that is binding upon the parties is called A. negotiation B. settlement conference C. conciliation D. arbitration User: what is a settlement conference
Weegy: # colony: a body of people who settle far from home but maintain ties with their homeland; inhabitants remain nationals of their home state but are ... # village: a community of people smaller than a town # a conclusive resolution of a matter and [ disposition of it # colonization: the act of colonizing; the establishment of colonies; "the British colonization of America" # something settled or resolved; the outcome of decision making; "they finally reached a settlement with the union"; "they never did achieve a final resolution of their differences"; "he needed to grieve before he could achieve a sense of closure" # an area where a group of families live together # liquidation: termination of a business operation by using its assets to discharge its liabilities ] (More)
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Updated 1/9/2016 12:17:39 PM
2 Answers/Comments
The form of alternative dispute resolution wherein the parties hire someone to review the evidence and make a decision that is binding upon the parties is called arbitration.
Added 1/9/2016 12:17:26 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [1/9/2016 12:23:34 PM]
A settlement conference is a meeting between opposing sides of a lawsuit at which the parties attempt to reach a mutually agreeable resolution of their dispute without having to proceed to a trial.
Added 1/9/2016 12:17:37 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [1/9/2016 12:23:50 PM]
The form of alternative dispute resolution wherein the parties hire someone to review the evidence and make a decision that is binding upon the parties is called
Weegy: Hi! The answer you're looking for is "Arbitration". Thanks for using Weegy! (More)
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The federal trade comission is an example of what type of government?
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Asked 4/16/2012 9:04:43 AM
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If a corporation is properly incorporated in one state and wants authority to do business in second state, the corporation typically must A. re-incorporate in the second state B. do nothing because being incorporated in one state automatically entitles the corporation to do business in all states C. register with the Interstate Commerce Commission as an alien corporation D. obtain a certificate of authority from the second state
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1 Answer/Comment
If a corporation is properly incorporated in one state and wants authority to do business in second state, the corporation typically must C. register with the Interstate Commerce Commission as an alien corporation.
Added 4/16/2012 11:29:23 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by andrewpallarca [6/16/2014 3:38:38 PM]
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