Which of the following would not be used to pay for previous credit purchases under the periodic system?

A. Debit to Accounts Payable

B. Credit to Purchase Discounts

C. Credit to Accounts Payable

D. Credit to Cash

i know its not cash

Analyze the impact of the underlisted transactions on assets, liabilities, and equity, whiles assuming all transactions are cash unless otherwise stated. 1. Paying rent for the next three months 2. Purchase of furniture on account 3.

From a company's perspective explain the significance of the following events a. Stock Splits b. Stock Dividends c. Cash Dividends

Direct materials $ 7.20 Direct labor $ 4.50 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 23,800 Sales commissions $ 1.30 Variable administrative expense $ 0.

Why is it a good idea to research what your potential starting salary maybe after graduation before you select a school to attend? You can get a better idea of how affordable any student loan repayments will be after graduation.

If the findings and the results are not presented properly, the research completed was a waste of time and money. True False

Economies of scale are ways that a company can lower the cost per unit by selling more units overall A. True B. False

Suppose warren buffet withdraws $1 million from his checking account at chase manhattan bank. if the required reserve ratio is 20 percent, what is the maximum change in deposits in the banking system?

The market system's answer to the fundamental question "how will the goods and services be produced?" is essentially

You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $12.1 million, which will be depreciated straight-line to zero over its four-year life.

What is the difference is between saving and investing?