Morgan Company issued cumulative preferred stock. What additional special feature(s) could also have been granted to preferred stock holders?
The right to convert the shares to common shares
A variable interest rate that increased each year
The right to redeem the preferred shares for cash

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false