When the criterion variable has two categories, the technique is referred to as multiple discriminant analysis
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FALSE
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Once the petty cash fund is established, an entry is made to Petty Cash each time the amount of the fund is changed
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Sellers and buyers are required to record trade discounts
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When two parties are interdependent and have compatible needs, conflict is likely to develop
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Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 2.5% charge on sales for using its card. On May 26, Brinker had $6600 in First Savings Bank Card credit sales. What entry should Brinker make on May 26 to record the deposit?
A. Debit Cash $6435; debit Credit Card Expense $165; credit Sales $6600. B. Debit Accounts Receivable $6600; credit Sales $6600. C. Debit Cash $6765; credit Credit Card Expense $165; credit Sales $6600. D. Debit Accounts Receivable $6435; debit Credit Card Expense $165; credit Sales $6600. E. Debit Cash $6600; credit Sales $6600.