This account is debited in a periodic inventory system, when ...

[Sportsfan2111]

This account is debited in a periodic inventory system, when goods are bought for resale.
 a. Merchandise Inventory
   b. Purchases
   c. Purchase Discounts
   d. Sales

Question 2

Capital assets are not reported
 
  a. in governmental activities.
  b. in business-type activities.
  c. in Internal Service Funds.
  d. the Enterprise Funds.
  e. in the General Fund.
  f. in either items c or e.

[raenoj]

Answer to Question 1

b

Answer to Question 2

E

[Sportsfan2111]

Thanks for the timely response, appreciate it

[cassie_ragen]

Excellent