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Dovator [93]
3 years ago
13

Select all that apply When supplies are purchased on credit it means that: (Check all that apply.) Multiple select question. the

business will pay for the supplies at a later time. a liability has been incurred. the business will pay for the supplies immediately. the Accounts Payable account will be increased.
Business
1 answer:
kkurt [141]3 years ago
8 0

Answer:

the business will pay for the supplies at a later time

a liability has been incurred.

the Accounts Payable account will be increased.

Explanation:

In the case when the supplies are purchased on credit, the following entry should be passed

Supplies Dr XXXX

     To Account payable XXXX

(Being supplies purchased on credit is recorded)

here supplies is debited as it increased the asset and credited the account payable as it also increased the liabilities

So the following options should be chosen

1. The business would pay at a later time

2. Liability is incurred

2. The account payable is increased

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Which type of persuasion involves encouraging a person to agree to a small favor or to buy a small item, only to later request a
mario62 [17]

The type of persuasion that is being described in the scenario above is the foot in the door technique. This is a compliance tactic in which a person engage of having to make another person agree into something starting from a moderate request into something more big.

6 0
3 years ago
1. Descriptive statistics ________. quickly describe large amounts of data can predict future stock returns with surprising accu
nika2105 [10]

Answer:

1. quickly describe large amounts of data

2. the stock is worth 15% more at the end of the year than at the beginning

3. 9.2%

Explanation:

Descriptive statistics helps to quickly describe large amounts of data because it simply involves using certain measurement tools to describe the data seen such that patterns emerge that will help in analyzing the data. Examples include, frequency tables and measures of variation like range and standard deviation.

When a stock has a 15% return, it means that the owner is getting 15% more than the amount that the stock cost them therefore showing that the stock is worth 15% more at the end of the year than at the beginning.

The return on the stock is;

= (4.75 - 4.35) / 4.35

= 9.2%

3 0
2 years ago
Substance use/abuse becomes a form of self-soothing when you feel stress or anxious
docker41 [41]
<span>It is true that substance use can make you feel self-soothing when you feel stress or anxious. When you abuse these substances, it will make you feel dependent on them because of you wanting them every day. This is the reason why abusing substances can harm your body and make you feel uncomfortable without it.</span>
5 0
3 years ago
Jabiru Corporation purchased a 20% interest in Fish Company common stock on January 1, 2013 for $300,000. This investment was ac
Vesna [10]

Answer:

$280,950

Explanation:

As for the information given:

Closing balance of investment on 31 December 2015 = $440,000

Now the following adjustments need to be made to calculate the balance as on 1 August 2016

Add: Share of income from Jan to Jul 2016 = $4,000 \times 7 months \times 20% = $5,600

Less: Dividend Received = $20,000 \times 20% = $4,000

Less: Amortization of patent = $6,000/12 \times 7 = $3,500

= $440,000 - $1,900 = $438,100

Since Jabiru sold half of its investment, thus, value of its half of the investment shall be:

$438,100/2 = $219,050

Sale value = $500,000

Thus, gain amount = $500,000 - $219,050 = $280,950

5 0
3 years ago
Efram’s audience was persuaded by his speech because they perceived him to be sincere, trustworthy, and to have their best inter
harina [27]

Answer:

Character.

Explanation:

Credible character is used for someone who is trustworthy, kind and believable, it has to be backed by evidence or experience. It carry the power to influence belief or thought. Crediblity of a character may slip if it is not maintained forever. As crediblity is earned through consistent honesty, selflessness,virtue and good behavior.

There are several dimensions of crediblity that affect audience toward speaker:

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  • Character.
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8 0
3 years ago
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