« previous next »

Author Question: In a periodic inventory system, the cost of merchandise purchased includes the cost of freight in. ... (Read 218 times)

danielfitts88

  • Hero Member
  • *****
  • Posts: 535
on: Jul 5, 2018
In a periodic inventory system, the cost of merchandise purchased includes the cost of freight in.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

The adjusting entry to accrue interest owed on a note payable will include a ________.
 
  A) credit to Interest revenue
  B) credit to Interest receivable
  C) credit to Interest expense
  D) credit to Interest payable


efwsefaw

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

danielfitts88

  • Hero Member
  • *****
  • Posts: 535
Reply #2 on: Jul 5, 2018
Correct answers!


efwsefaw

  • Sr. Member
  • ****
  • Posts: 351
Reply #3 on: Jul 5, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

The skeletal system of a modern horse The skeletal system of a modern horse
Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
The central and peripheral nervous system The central and peripheral nervous system
reproductive system in plants reproductive system in plants
The Rise of the Second American Party System, 1828 The Rise of the Second American Party System, 1828
integumentary system integumentary system
Video: Requirements for nervous signals

For a complete list of videos, visit our video library