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3 years ago

Classify each item as an asset, liability, common stock, revenue, or expense.

Business

1 answer:

kari74 [83]3 years ago

6 0

Answer: The answer is as follows:

Explanation:

Each item is classified as follows:

(a) Issuance of ownership shares - Common Stock

(b) Land purchased - Assets

(d) Bonds payable - Liabilities

(e) Amount earned from selling a product - Revenue

(f) Cost of advertising - Expense

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2 years ago

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Pepsi [2]

Answer:

C. subject to review by higher levels of management in order to prevent the budgets from becoming too loose.

Explanation:

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Paul [167]

Answer: False

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3 years ago

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kolezko [41]

Answer:

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