Readiness sounds like the most reasonable answer
Answer:
Equipment and notes payable
Explanation:
Since the equipment is purchased by signing the note payable which affected the two accounts i.e equipment and the note payable. In this, the cash transaction is not involved, so cash should not be considered
The journal entry would be
Equipment A/c Dr $10,000
To Notes payable $10,000
(Being the equipment is purchased by signing a note payable)
Answer:
Allison should record the purchase at $5880
Explanation:
The net method for recording purchases implies that the purchases is recorded net of the envisaged cash discount on the transaction since the purchaser believes they would settle their account before the cash discount period expires.
Based on the above, the purchases would be recorded as shown below:
cost of purchase=original purchase value*(100%-discount rate)
original purchase price is $6,000
discount rate is 2%
cost of purchase=$6000*(100%-2%)
=$6000*98%
=$5880
The methods that show the property sheet is on the form tools design tab, in the Tools group, click property sheet and press the F4 function.
<h3>What is a property sheet?</h3>
A property sheet refers to the window that allows the user to view and edit the properties of an item.
The method that shows the property sheet is on the form tools design tab in the Tools group, click the property sheet and press the F4 function key.
Therefore, B, and D are the correct option.
Learn more about the property sheet here:
brainly.com/question/14802439
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