Complete Question:
Incurring an expense for advertising on account would be recorded by:
Group of answer choices
A) Debiting a liability account.
B) Crediting an asset account.
C) Debiting an expense account.
D) Debiting an asset account.
Answer:
C) Debiting an expense account.
Explanation:
Incurring an expense for advertising on account would be recorded by debiting an expense account.
This ultimately implies that, when a business firm incurs an expense such as on advertising its goods or services, the appropriate account on the balance sheet to record this will be to debit the advertising expense account and then credit the account payable.
Answer:
A) true
Explanation:
This requirement applies mostly to used cars. Some states do not require emissions inspections for vehicles that are less than 4 or 6 years old (depends on the state, e.g. Arizona's threshold is 6 years). Other states also allow certain old vehicles to not pass emissions inspections (e.g. Massachusetts does not requires vehicles over 15 years old to pass emissions inspections).
Those vehicles that do not pass the emissions inspections will not be registered by the Department of Motor Vehicles (DMV), that means they will not receive a license plate so it is illegal to drive them.
The consumer buying process begins when consumers recognize that they have an unsatisfied need. :)
Answer:
See below
Explanation:
Primary data is the information that a researcher collects from the sample size for use in the current study. Primary data is information gathered for the first time. It is meant to provide answers to research questions developed by a researcher in ongoing research. For example, a businessperson may administer questionnaires to determine the level of customers' satisfaction with a new product.
Secondary data is information collected by somebody else for a different purpose but is useful in the current study. The researcher does not collect secondary data but finds it relevant in the present study. For example, a business that sells toys may want to estimate the demand for its products by finding out the number of children in a particular geographical area. The business may refer to the census data for such information.
