Question and answer
A promissory note may be interest bearing or non-interest bearing. True False
TRUE. A promissory note can be interest bearing or noninterest bearing. [ ]
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smp0784|Points 4142|
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Asked 9/14/2014 6:23:49 PM
Updated 9/15/2014 4:21:22 AM
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This answer has been confirmed as correct and helpful.
Edited by jeifunk [9/15/2014 4:21:20 AM], Confirmed by jeifunk [9/15/2014 4:21:22 AM]
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Questions asked by the same visitor
A written agreement containing the various provisions under which a partnership is to operate is known as a partnership agreement. True False
Question
Not Answered
Updated 9/15/2014 2:47:48 AM
1 Answer/Comment
TRUE. A written agreement containing the various provisions under which a partnership is to operate is known as a partnership agreement.
Added 9/15/2014 2:47:48 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/15/2014 6:52:24 AM]
The interest of a partner in the partnership can be transferred freely without the consent of the other partners. True False
Question
Not Answered
Updated 9/15/2014 7:38:59 AM
1 Answer/Comment
The interest of a partner in the partnership can be transferred freely without the consent of the other partners.
True
Added 9/15/2014 7:38:59 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/15/2014 7:45:10 AM]
The accounting concept that states expenses should be matched with the revenues they helped to produce is the (Points : 3) contra-account principle. allowance method. matching principle. uncollectible accounts technique.
Weegy: The accounting concept that states expenses should be matched with the revenues they helped to produce is the MATCHING PRINCIPLE. (More)
Question
Updated 9/15/2014 1:32:00 AM
0 Answers/Comments
The matching concept states that expenses incurred to produce particular revenues should be matched with those revenues. True or False
Question
Not Answered
Updated 9/14/2014 6:34:48 PM
1 Answer/Comment
The matching concept states that expenses incurred to produce particular revenues should be matched with those revenues.- This is TRUE.


Added 9/14/2014 6:34:48 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/15/2014 4:30:27 AM]
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