On June 3, Maryland Company purchased merchandize worth $800 on credit, terms 2/10, n/30 . The amount paid on June 10 . What is the required journal entry to record the payment under the periodic inventory system?
a. Accounts Payable 784
Purchases Discounts 16
Cash 800
b. Accounts Payable 800
Purchases Discounts 16
Cash 784
c. Cash 784
Purchases Discounts 16
Accounts Payable 800
d. Cash 800
Purchases Discounts 16
Accounts Payable 816
B
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The channel organization that provides the link between the producer and the consumer is called a _________________________.
Fill in the blank(s) with the appropriate word(s).
Oakley posts a defamatory remark about Pierre in "Roominate," an online social network maintained by SocNet, Inc, an Internet service provider. Most likely to be held liable for the remark will be
a. Oakley. b. Pierre. c. Roominate. d. SocNet.
An ad on the NewsNow Web site asks viewers to "send us your story and we might share it with the world." Onyx submits a manuscript, adding, "I accept your offer." Between NewsNow and Onyx, there is? A) ?a contract for the publication of Onyx's story
B) ?a contract to consider Onyx's story before any others. C) a contract to negotiate for the publication of Onyx's story. D) ?no contract.
A ____ is any act or omission prohibited by public law in the interest of protection of the public and made punishable by the government in a judicial proceeding brought by it, whereby proof must be beyond a reasonable doubt
A) rescission B) sanction C) crime D) maxim