The separation of powers determined by the U.S. Constitution allocated powers between the federal courts and the state courts
a. True
b. False
Indicate whether the statement is true or false
False
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White-collar crime usually consists of nonviolent types of crimes.
Answer the following statement true (T) or false (F)
Please complete the following sentences:
a. Accumulated amortization is used with ______________________________________. b. Accumulated depreciation is used with ______________________________________.
The receivables turnover measures the relative size of the accounts receivable and the effectiveness of credit policies
Indicate whether the statement is true or false
Farthington Soccer Supplies purchases merchandise from a supplier on credit, terms 1/10, n/30 for $17,100. Assume the company uses a perpetual inventory system, and records purchases using the gross method. When recording the purchase transaction in its purchases journal, Farthington would enter:
A. $17,100 in the Other Accounts Dr. column and $17,100 in the Inventory Cr. column. B. $17,100 in the Accounts Payable Cr. column and $17,100 in the Inventory Dr. column. C. $17,100 in the Inventory Dr. column, $16,929 in the Accounts Payable Cr. column, and $171 in the Purchase Discount Cr. column. D. $16,929 in the Inventory Dr. column and $16,929 in the Accounts Payable Cr. column. E. $17,100 in the Accounts Payable Cr. column and $17,100 in the Supplies Dr. column.