BUS 475 FINAL EXAMS 100% CORRECT ANSWERS BUY THIS ONE NOW USE AS A GUIDE ONLY
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1) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals:
Income StatementBalance Sheet
Dr.Cr.Dr.Cr.
Totals58,00048,00034,00044,000
To enter the net income (or loss) for the period into the above worksheet requires an entry to the __.
A. income statement debit column and the income statement credit column
B. income statement credit column and the balance sheet debit column
C. income statement debit column and the balance sheet credit column
D. balance sheet debit column and the balance sheet credit column
2) Multinational corporations __.
A. are firms that conduct their operations in more than one country through subsidiaries, divisions, or branches in foreign countries
B. are U.S....
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