Using a perpetual inventory system, the entry to record the purchase of $30,000 of merchandise on account would include a
A) debit to Sales
B) debit to Merchandise Inventory
C) credit to Merchandise Inventory
D) credit to Sales
B
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The procedure used to obtain names of potential prospects from current prospects and customers is called ________
Fill in the blanks with correct word
The role of sourcing planning and analysis is
A) to analyze spending across various suppliers and component categories to identify opportunities for decreasing the total cost. B) to analyze spending across various suppliers and component categories to identify opportunities for increasing the total cost. C) to enable orders to be placed and delivered on schedule at the lowest possible overall cost. D) to enable orders to be placed and delivered on schedule regardless of cost.
On January 2, 2016, Karen's Culinary Delights purchased a piece of equipment for $42,000 with a useful life of seven years and a residual value of $6,000. If Karen's used the sum-of-the-years'-digits method with the half-year convention, depreciation expense for 2016 was
A. $9,000.00 B. $10,500.00 C. $5,250.00 D. $4,500.00
For each sentence write the letter of the correctly punctuated version.
a. The hiring committee is deadlocked over three candidates; namely Alex Zapian, Ander Harris, and Kaitlyn Scheim. b. The nominating committee is deadlocked over three candidates: namely, Alex Zapian, Ander Harris, and Kaitlyn Scheim. c. The nominating committee is deadlocked over three candidates, namely, Alex Zapian, Ander Harris, and Kaitlyn Scheim.