Martell, Inc. purchased inventory on account for $6,500. Provide the journal entry to record the purchase of inventory on account. (Assume a perpetual inventory system.)
What will be an ideal response
Merchandise Inventory 6,500
Accounts Payable 6,500
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A company's organizational culture:
A) can be described as a company's self-identity or shared mind-set. B) is shaped by its shared sense of vision, values, heroes, rites, and rituals. C) arises from such things as how its people dress, behave. D) All of the above.
You are introduced to Jennifer, the new information technology specialist in your group, who has a Chinese physical appearance. You are being politically correct when you say, "Hi Jennifer, are your parents from China?"
Indicate whether the statement is true or false.
The chief aim of the European Union and other trade organizations is to minimize trade barriers among their members
a. True b. False Indicate whether the statement is true or false
What is the role of GPS (Global Positioning System) in mobile advertising?
A. It helps to add the segmenting dimension of physical location at a specific time to target marketing. B. It shows whether a web surfer has been to a company's website before and made a purchase on the last visit. C. It delivers ads to consumers based on the conversations and behaviors they exhibit on social media. D. It delivers buying information to business consumers based on ethnographic positioning. E. It acts as a tool to measure the effectiveness of an ad based on an estimate of how many people receive the ad on their phones.