1. A purchase of merchandise for cash would be posted (A) individually to Purchases and individually to Accounts Payable. (B) individually to Purchases. (C) as part of a column total to Purchases. (D) as part of column totals to Purchases and Accounts Payable.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “1. A purchase of merchandise for cash would be posted (A) individually to Purchases and individually to Accounts Payable. (B) individually ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Erie company manufactures a mobile fitness device called the jogging mate. the company uses standards to control its costs. the labor standards that have been set for one jogging mate are as follows:
Answers (1)
Ocean Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a boat. Ocean is a merchant who deals in goods of the kind sold. The goods are defective. Under the UCC, the implied warranty of merchantability is breached a.
Answers (1)
The Maroon & Orange Gym, Inc., uses the accrual method of accounting. The corporation sells memberships that entitle the member to use the facilities at any time.
Answers (1)
Which of the following is an example of an investment in physical capital? A. A firm trains workers to operate new machinery. B. A firm pays for workers to take college classes. C. A chemical firm employs chemists to develop new chemicals. D.
Answers (1)
Jolene is opening a doggy daycare named "Little Barks." She is leaving her current job where she makes $75,000 per year in order to start her own business.
Answers (1)
New Questions in Business
Which of these is a disadvantage of banking with national retail banks
Answers (1)
Emily has been waiting for a promotion to a management position for almost five years. She notices that men fill most of the higher-level jobs in her company. She suspects she is not being promoted because she is female. What term describes this? A.
Answers (1)
Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 3,600 Salaries expense 1,300 Accounts payable 1,600 Retained earnings 4,700 Utilities expense 1,100 Supplies 12,000 Service revenue 7,500 Common
Answers (1)
A company has a fiscal year-end of december 31: (1) on october 1, $12,000 was paid for a one-year fire insurance policy; (2) on june 30 the company lent its chief financial officer $10,000; principal and interest at 6% are due in one year;
Answers (1)
Marquese is making 10 pounds of trail mix from raisins and nuts. Raisins cost $3.45 per pound, and nuts cost $7.95 per pound. How many pounds of raisins and how many pounds of nuts should marquese use for the trail mix to cost him $6.96 per pound?
Answers (2)