Author Question: The transaction to record payment for delivery equipment that was purchased on account in the ... (Read 187 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?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

For a complete list of videos, visit our video library