Type the correct answer in the box. Spell all words correctly. Joan bought office supplies worth $3,700 for her business. She records this transaction in the journal of the business by debiting the office supplies account. Which accounting error has Joan committed?

Joan has recorded only one aspect of the transaction. The accounting rule used by accountants is “for every debit, there is a
credit.”

The following accounts appeared in recent financial statements of delta air lines. identify each account as either a balance sheet account or an income statement account. for each balance sheet account, identify it as an asset, a liability, or stockholders' equity. for each income statement account, identify it as a revenue or an expense. item financial statement type of account accounts payable balance sheet advanced payments for equipment balance sheet air traffic liability balance sheet aircraft fuel (expense) income statement aircraft maintenance (expense) income statement aircraft rent (expense) income statement cargo revenue income statement cash balance sheet contract carrier arrangements (expense) income statement flight equipment balance sheet frequent flyer (obligations) balance sheet fuel inventory balance sheet landing fees (expense) income statement parts and supplies inventories balance sheet passenger commissions (expense) income statement passenger revenue income statement prepaid expenses income statement taxes payable balance sheet

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods