1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Readme [11.4K]
2 years ago
12

A purchase of supplies on account is recorded in the a.revenue journal b.general journal c.cash payments journal d.purchases jou

rnal
Business
1 answer:
Margaret [11]2 years ago
8 0

Answer: b

Explanation:

You might be interested in
Why is it important to perform multiple trials in an experiment -- meaning that you include many test individuals or samples?
Ierofanga [76]

Answer: To make it more likely that the results are not due to a few unusual individuals or circumstances

Explanation: Particular reasons are as follow:

  • To check as much data as possible for better results.
  • To ensure that the data works same for an individual ,organisation.
  • To find all possible error related to data and experiment.
  • This is a necessary task for greater satisfaction by doing all kinds of experiment.
  • For finding all types of Variables and Variation  .

8 0
3 years ago
John Freeden is negotiating with Bill Murray to buy Bill's mountain bicycle. The following conversation has taken place: John: "
aliya0001 [1]

Answer:

A) Bill and John have a contract for the sale of the bike at $375.00

Explanation:

John first made an offer to buy the bike at $325 ⇒ Bill responded with a counteroffer increasing the price of the bike ⇒ John accepted Bill's counteroffer ⇒ they have a binding contract.

When parties are bargaining a contract, the process of giving an initial offer and then a counteroffer (or counteroffers) is part of the process of forming a contract. It is a necessary part, since without this bargaining process there is no contract. A contract is formed when one of the parties accepts the other party's offer or subsequent counteroffer.

5 0
3 years ago
Jeffreys Company reports depreciation expense of $40,000 for Year 2. Also, equipment costing $240,000 was sold for a $10,000 los
Daniel [21]

Answer:

Computation of cash received from the sale of the equipment:

D. $58,000.

Explanation:

Computation:

Sale of Equipment Account

Equipment account   $240,000

less acc. depreciation  172,000

Net book value           $68,000

less loss on sale            10,000

Cash received            $58,000

Equipment Account

Year 1 balance         $750,000

Year 2 balance           510,000

Sale of equipment  $240,000

Accumulated Depreciation:

Year 1 balance         $500,000

Year 2 balance          328,000

Sale of equipment   $172,000

b) The sale of the equipment caused a loss of $10,000.  The net book value of the equipment is $68,000.  This implies that it was sold for $58,000 ($68,000 - $10,000).  So, the cash received from the sale is $58,000.

7 0
3 years ago
When Keisha started her new job, she went through ______ to help her transition and fit smoothly into the job and organization.
VARVARA [1.3K]

Answer: Orientation

Explanation:

Orientation is the process through which information and guidelines of organization or form is provided to newly hired employees.They are introduced to culture of organization, dress-code, work-place, payment, incentives,benefits, colleagues and other employees, duties etc.

According to the question,Keisha is going through orientation process so that she can get associated with her job and work space accordingly as a new employee.

4 0
3 years ago
This technique is an iterative process that identifies and defines the work to be completely accomplished in the near term, and
kiruha [24]

Answer:

The correct answer is: Rolling wave planning

Explanation:

Rolling Wave Planning refers to the technique or process of project planning or management in waves. This technique involves iterative planning with the progression of the project. It is used in case of a tight or strict schedule that has to be followed.

The planning of the work to be completed in near term, involves setting high level assumptions and milestones.

6 0
3 years ago
Other questions:
  • Drag the tiles to the correct boxes to complete the pairs. Match the scenarios with terms related to financial aid. Entrance cou
    9·1 answer
  • Polk Software Inc. has a quick ratio of 2.00x, $32,850 in cash, $18,250 in accounts receivable, some inventory, total current as
    12·1 answer
  • Suppose that in slovakia one unit of labor can produce either 16 tons of wheat or 32 tons of soy and in poland one unit of labor
    9·1 answer
  • The Cash account of Safe and Secure Security Systems reported a balance of $2,490 at May 31, 2011. There were outstanding checks
    8·1 answer
  • As a result of cash flow shortages, Millard's Department Stores has fallen behind in payments to suppliers. Some suppliers are w
    9·1 answer
  • Expenditures that add to the utility of fixed assets for more than one accounting period are
    12·1 answer
  • You are an industry You are an industry analyst that specializes in an industry where the market inverse demand is P = 200 - 5Q.
    10·1 answer
  • Select the financial statement on which the user would most likely find the answer to the question given. (Select all that apply
    6·1 answer
  • Flowers, a married taxpayer, purchased an annuity for $64,400 that will pay $700 per month over the life of Flowers and Flowers'
    5·1 answer
  • Serge supervises toolmakers who make custom parts for the engineering department before these parts go into production. Deshaun
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!