This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Team Shirts, Inc. pays 5,000 cash for T-shirts from a supplier. This transaction ________. A) is ... (Read 51 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
on: Jul 5, 2018
Team Shirts, Inc. pays 5,000 cash for T-shirts from a supplier. This transaction ________.
 
  A) is a financing activity
  B) causes an increase in total assets
  C) is an operating activity
  D) is an investing activity

Question 2

Merchandise is ordered on November 10; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on November 13; the merchandise is received by the buyer on November 18; the entry is made in the buyer's accounts on November 20 . The credit period begins with what date?
 a. November 10
  b. November 13
  c. November 18
  d. November 20


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kardosa007

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

b


DyllonKazuo

  • Member
  • Posts: 565
Reply 2 on: Jul 5, 2018
:D TYSM

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Team of geologists collecting samples for paleomagnetic analysis at Sangiran, Java. Team of geologists collecting samples for paleomagnetic analysis at Sangiran, Java.
A team of forensic experts working on remains recovered from Ovcara in the former Yugoslavia. A team of forensic experts working on remains recovered from Ovcara in the former Yugoslavia.
The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ... The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ...
In 1994 a team of German physicists created an atom of Element 110. If the atom In 1994 a team of German physicists created an atom of Element 110. If the atom
Flo Hyman was a 6 foot 5 inch star on the U.S. women’s volleyball team that won a silver medal in ... Flo Hyman was a 6 foot 5 inch star on the U.S. women’s volleyball team that won a silver medal in ...
In 1964 a team of Russian scientists smashed a neon nucleus into a plutonium tar In 1964 a team of Russian scientists smashed a neon nucleus into a plutonium tar
Video: Genetic terms Animation

For a complete list of videos, visit our video library