Answer:
с. Purchases and Creditors
<u>Multiple choices</u>
A. Goods and Cash
В.Goods and Creditors
с. Purchases and Creditors
D.Purchases and Cash
Explanation:
The purchase account is used to record purchased goods. Accountants and bookkeepers usually do not operate a goods account. When goods are purchased, they increase the purchases account.
Purchased goods are either paid in cash or on credit. Cash purchases reduce cash held in the business and are recorded in the cash account. Credit purchases increase liabilities and are recorded in the creditor's accounts.
Answer:
1. B. monopolizing the market by bundling its operating system with its Internet Explorer browser.
2. A. network externalities.
Explanation:
Lawsuit was filled againts Microsoft claiming that it was engaging in unfair trade practices by (B) monopolizing the market bu bundling its operating system with its internet explorer browser.
They argue that modern software can gain monopoly status and establish a barrier to entry through (A) network externalities.
Answer:
$318,000
Explanation:
The computation of the total assets is shown below:
= Current assets + property, plant, and equipment - difference in amount
= $85,000 + $235,000 - $2,000
= $318,000
The difference of amount is
= Account receivable - collected amount
= $50,000 - $48,000
= $2,000
Since the current asset is already given so we considered the difference in amount to find out the total asset.
Answer:
Debtor: Joanna and her husband; Creditor: Resturant
Explanation:
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