Delaware, Inc. purchased raw materials worth $800 for cash. The journal entry to record this transaction will include ________
A) a debit to Cash for $800 and a credit to Raw Materials Inventory for $800
B) a debit to Accounts Payable for $800 and a credit to Raw Materials Inventory for $800
C) a debit to Raw Materials Inventory for $800 and a credit to Accounts Payable for $800
D) a debit to Raw Materials Inventory for $800 and a credit to Cash for $800
D
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Long quotes may ____________________
a. distract the reader b. provide elaborate details c. help meet page requirement d. not be relevant
Freda was proud of her shiny new iPhone. She was disappointed when she began to notice scratches on its display surface. If Freda had of known about the clear static cling protective films that were available to protect the iPhone display from scratches, she could have avoided this annoying problem. For Freda, the protective films are a(n) _____ product.
A. heterogeneous shopping B. specialty C. unsought D. convenience E. consumer
Refer to the T-account below:Work In ProcessBal.30,000(12)270,000(4)90,000 (6)70,000 (9)110,000 Bal.30,000 Entry (12) could represent which of the following?
A. Purchases of raw materials. B. The cost of goods manufactured transferred to Finished Goods. C. The cost of indirect materials incurred in production. D. Direct labor cost incurred in production.
Statistics involves two different processes, describing sets of data and drawing conclusions about
the sets of data on the basis of sampling. A) True B) False