« previous next »

Author Question: When delivery equipment is purchased on account, the transaction to be entered by the purchaser ... (Read 92 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Jul 5, 2018
When delivery equipment is purchased on account, the transaction to be entered by the purchaser includes
 a. debiting Delivery Equipment and crediting Accounts Payable.
   b. debiting Delivery Expense and crediting Cash.
   c. debiting Delivery Expense and crediting Accounts Payable.
   d. debiting Delivery Equipment and crediting Cash.

Question 2

A packaging department is most likely a profit center.
 
  Indicate whether this statement is true or false.


vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

Answer: FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

natalie2426

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Jul 5, 2018
Thank you


vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jul 5, 2018
No problemo


« previous next »
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Using adaptive equipment: (A) male putting on shoe; (B) female eating one handed. Using adaptive equipment: (A) male putting on shoe; (B) female eating one handed.
Nursing care delivery models Nursing care delivery models
CT scan equipment. CT scan equipment.
Nebulizing equipment and inhaler medications. Nebulizing equipment and inhaler medications.
How did you give birth? C section vs. Normal Delivery How did you give birth? C section vs. Normal Delivery
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
Video: Primary Active Transport - electrochemical gradient and ion transport / water movement

For a complete list of videos, visit our video library