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Author Question: Glen Turner purchases a high-speed copying machine on credit for his printing business. The machine ... (Read 144 times)

jerry coleman

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on: Jul 5, 2018
Glen Turner purchases a high-speed copying machine on credit for his printing business. The machine is expected to have a useful life of four years. What journal entry should be made at the time the copying equipment is received?
 
  a. debit equipment; and credit accounts payable
  b. debit copying expenses; and credit accounts payable
  c. debit cash; and credit equipment
  d. debit depreciation expense - equipment; and credit equipment

Question 2

Which of the following is notan area where the Internet is used for business purposes?
 a. business cycle management
  b. customer relationship management
  c. supply chain management
  d. product lifecycle management


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lcapri7

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Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

a


jerry coleman

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Reply #2 on: Jul 5, 2018
Thank you :)


lcapri7

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Reply #3 on: Jul 5, 2018
Happy to help you


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