Specialty foods, inc. maintains a separate accounts receivable account for each customer. regarding this accounting treatment, which of the following statements is incorrect? a. the separate customer accounts receivable are called subsidiary accounts. b. the purpose of this accounting treatment is to account for payments received from the customer and the amounts still owed. c. the sum of all balances in the subsidiary accounts receivable equals a control account balance. d. when a customer makes a payment on account, a debit is posted to the accounts receivable subsidiary account as well as to the accounts receivable control account.

As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.