You can divorce or seperate.
Answer:
Then the constant increases?
When you see a journal entry that leads to a debit of Raw Materials and a credit of Accounts Payable, this is a<u> C. purchase of materials. </u>
<h3 /><h3>What happens when materials are purchased?
</h3>
As materials are an asset, the raw materials account will be debited to show that raw materials are increasing.
If the Accounts Payable is credited, it means that it is increasing as well because it is a liability. The transaction was therefore done by buying the materials on credit.
In conclusion, option C is correct.
Find out more on raw materials purchases at brainly.com/question/26446159.
Answer: B
Sales objectives, competitive strategy, and promotional tactic
Explanation:
Sales objectives provides a clear direction for the expected a turnover a firm hopes to achieve over a period of time.
Competitive strategy refers to various strategies Robin hopes to utilize in getting a share from the market share. While promotional tactics refers to the various campaign and publicity aimed at introducing a product to the public.
Robin will hope to utilize this three concepts in order to successfully penetrate a highly competitive food market while also maintaining a certain market share.
Answer:
Explanation:
The journal entries are shown below:
On Jan 1 - Cash A/c Dr $5,000,000
To Bonds Payable A/c $5,000,000,
(Being bond is issued)
On June 30 - Interest expense A/c Dr $150,000
To Cash A/c $150,000
(Being interest paid for cash)
On December 31, Bonds Payable A/c Dr $5,000,000
To Cash A/c $5,000,000
(Being payment of principal is recorded on the maturity date)
