Business, 28.01.2020 06:31 bennyanderson857
Ajournal entry for a $75 payment for rent expense was posted as a debit to salary expense and a credit to cash. this error will cause which of the following conditions on the trial balance?
a. the sum of the credits will equal the sum of the debits.
b. the sum of the debits will exceed the sum of the credits by $75.
c. the sum of the credits will exceed the sum of the debits by $150.
d. the sum of the debits will exceed the sum of the credits by $150.
Answers: 3
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Amazon inc. does not currently pay a dividend. analysts expect amazon to commence paying annual dividends in three years. the first dividend is expected to be $2 per share. dividends are expected to grow from that point at an annual rate of 4% in perpetuity. investors expect a 12% return from the stock. what should the price of the stock be today?
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Ajournal entry for a $75 payment for rent expense was posted as a debit to salary expense and a cred...
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