Companies that overcost products will most likely lose market ...

[abc]

Companies that overcost products will most likely lose market share.
 
  Indicate whether this statement is true or false.

Question 2

Cash was paid by Janer's Cleaning Service to creditors on account. Which of the following entries for Janer'sCleaning Service records this transaction?
 a. Cash, debit; Debbi Janer, Capital, credit
  b. Accounts Payable, debit; Cash, credit
  c. Accounts Receivable, debit; Cash, credit
  d. Accounts Payable, debit; Account Receivable, credit

[b614102004]

Answer to Question 1

Answer: TRUE

Answer to Question 2

b

[abc]

Thanks for the timely response, appreciate it

[Dinolord]

Great answer, keep it coming