Abbott Company purchased $7800 of merchandise inventory on account. Advent uses the perpetual inventory method. How does this transaction affect the financial statements?
A. Decrease accounts payable and decrease inventory.
B. Increase inventory and increase accounts payable.
C. Increase cost of goods sold and increase accounts payable.
D. Decrease accounts payable and decrease purchases.
Answer: B
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A. 14 years from the date of the filing of the application with the U.S. Patent and Trademark Office. B. 20 years from the date of the approval of the application granted by the U.S. Patent and Trademark Office. C. 14 years from the date of the approval of the application granted by the U.S. Patent and Trademark Office. D. 20 years from the date of the filing of the application with the U.S. Patent and Trademark Office.
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Indicate whether the statement is true or false
Jenna always buys Stacy's brand pita chips. She does not even consider alternatives. Jenna is a ________ customer.
A. brand-loyal B. brand-association-oriented C. brand-extension-oriented D. brand-persuasion-oriented E. price-sensitive
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Answer the following statement true (T) or false (F)