This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Team Shirts, Inc. pays 5,000 cash for T-shirts from a supplier. This transaction ________. A) is ... (Read 133 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
on: Jul 5, 2018
Team Shirts, Inc. pays 5,000 cash for T-shirts from a supplier. This transaction ________.
 
  A) is a financing activity
  B) causes an increase in total assets
  C) is an operating activity
  D) is an investing activity

Question 2

Merchandise is ordered on November 10; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on November 13; the merchandise is received by the buyer on November 18; the entry is made in the buyer's accounts on November 20 . The credit period begins with what date?
 a. November 10
  b. November 13
  c. November 18
  d. November 20


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kardosa007

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

b


DyllonKazuo

  • Member
  • Posts: 565
Reply 2 on: Jul 5, 2018
:D TYSM

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Nurses may collaborate with social workers, physicians, and other members of the health care team to Nurses may collaborate with social workers, physicians, and other members of the health care team to
nursing team nursing team
Team of geologists collecting samples for paleomagnetic analysis at Sangiran, Java. Team of geologists collecting samples for paleomagnetic analysis at Sangiran, Java.
Robert Delaunay, L'Équipe de Cardiff (The Cardiff Team). Robert Delaunay, L'Équipe de Cardiff (The Cardiff Team).
The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ... The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ...
In 1964 a team of Russian scientists smashed a neon nucleus into a plutonium tar In 1964 a team of Russian scientists smashed a neon nucleus into a plutonium tar
Video: Physiology of Asthma

For a complete list of videos, visit our video library