Customers' checks are received for less than the customers' full account balances, but the customers' full account balances are credited. Customers' checks are misappropriated before being forwarded to the cashier for deposit.
Customers' checks are credited to incorrect customer accounts.
Different customer accounts are credited for the same cash receipt.
Customers' checks are properly credited to customer accounts and are properly deposited, but errors are made in recording receipts in the cash receipts journals.
Customers' checks are misappropriated after being forwarded to the cashier for deposit.
Invalid transactions granting credit for sales returns are recorded.
Customers' checks are properly credited in the accounts receivable ledger, but the total amount failed to be recorded in the general ledger. .

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)