IP address is a simple network protocol that allows the transfer of files between two computers on the Internet.
Answer the following statement true (T) or false (F)
False
File Transfer Protocol (FTP) is a simple network protocol that allows the transfer of files between two computers on the Internet.
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Which of the following items is not a modifying convention?
a. Matching b. Materiality c. Industry practices d. Conservatism
On September 12, Vander Company sold merchandise in the amount of $5,800 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Vander uses the periodic inventory system and the gross method of accounting for sales. Jepson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Vander makes on September 18 is:
A.
Cash | 4,000 | |
Accounts receivable | 4,000 |
B.
Cash | 5,684 | |
Accounts receivable | 5,684 |
C.
Cash | 3,920 | |
Sales discounts | 80 | |
Accounts receivable | 4,000 |
D.
Cash | 5,800 | |
Accounts receivable | 5,800 |
E.
Cash | 5,684 | |
Sales discounts | 116 | |
Accounts receivable | 5,800 |
Value analysis examines quality, design, and materials as well as current and potential vendors.
Answer the following statement true (T) or false (F)
What is the Service Corps of Retired Executives (SCORE)? How does it assist small-business owners?
What will be an ideal response?