The answer is false because it would be a 4 wheel vehicle
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Answer:
E)Debit Supplies Expense $850 and credit Supplies $850.
Explanation:
The inventory/supplies balance at the end of the period in which a count was conducted has to be adjusted to reflect the amount of stock/supplies available at the end of the period.
Given that the count indicates that there are $1,250 of supplies on hand and the book balance is $2,100,
The difference is
= $2,100 - $1,250
= $850
Entries required
Debit Supplies Expense $850
Credit Supplies $850.
<span>Quite a number of private health insurance companies have expended
huge sums of money in a bid to prevent a pending bill before the Kansas state
legislature from being passed into law. This bill advocates that the state should
be the only payer of health care bills by prohibiting private establishments
from selling health insurance. The action of these private health insurance
companies is an example of rent-seeking behavior.</span>
Answer:
The company should borrow or buy the truck as it is less costly than leasing.
Explanation:
Detailed solution is given below
