Since the company is following a periodic inventory system, it has to use temporary accounts to record sales and purchases.
Transaction A
Purchases – Dr 860500
Accounts payable 860500
Transaction B
Accounts payable - Dr $111,600
Purchase returns $111,600
Transaction C
Accounts payable - Dr 748900
Discount received 14,978
Cash 733,922
Answer:
true
Explanation:
Its an easier way to get your cash
:)
Answer:
A. mechanistic is the correct answer.
Explanation:
Answer:
a.Geographic and political barriers are irrelevant to the company's business decisions.
Explanation:
It has established its global operations and a good reputation as a global food manufacturer.
Explanation:
E commerce refers to the buying and selling of products and services through an electronic medium such as the internet.