Which of the following journal entries would be recorded if a business purchased $800 of office supplies on account?


Ans:

Business

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When a seller allows a buyer an amount for old equipment that is traded in for new equipment of similar use, thisamount is known as boot

a. True b. False Indicate whether the statement is true or false

Business

When a criminal defendant is before a judge entering a plea of either guilty, not guilty or nolocontendere, that defendant is at:

A) an information. B) a grand jury proceeding. C) an arraignment. D) a booking.

Business

Foreclosure may be exercised only by sale under judicial decree

Indicate whether the statement is true or false

Business

With regard to chemical restriction or banning under TSCA there is:

a. no presumption of innocence, the EPA need not show a chemical poses a health hazard before restricting or banning it b. a presumption of innocence, the EPA must show a chemical poses a health hazard before restricting or banning it c. a presumption of innocence, but the firm producing the chemical must prove that there is no health hazard d. no presumption of innocence, the firm producing the chemical must show that it is no health hazard before it begins production e. none of the other choices are correct

Business