Author Question: The transaction to record payment for delivery equipment that was purchased on account in the ... (Read 189 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
The transaction to record payment for delivery equipment that was purchased on account in the previous month would include
 a. debiting Cash and crediting Accounts Receivable.
   b. debiting Cash and crediting Accounts Payable.
   c. debiting Accounts Payable and crediting Cash.
   d. debiting Delivery Equipment and crediting Cash.

Question 2

Kaizen budgeting involves ________.
 
  A) large cost reductions
  B) management directed improvements
  C) continual small cost reductions
  D) continual small revenue increases



CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

c

Answer to Question 2

Answer: C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

For a complete list of videos, visit our video library