Glen Turner purchases a high-speed copying machine on credit for ...

[jerry coleman]

Glen Turner purchases a high-speed copying machine on credit for his printing business. The machine is expected to have a useful life of four years. What journal entry should be made at the time the copying equipment is received?
 
  a. debit equipment; and credit accounts payable
  b. debit copying expenses; and credit accounts payable
  c. debit cash; and credit equipment
  d. debit depreciation expense - equipment; and credit equipment

Question 2

Which of the following is notan area where the Internet is used for business purposes?
 a. business cycle management
  b. customer relationship management
  c. supply chain management
  d. product lifecycle management

[lcapri7]

Answer to Question 1

a

Answer to Question 2

a

[jerry coleman]

Thank you

[lcapri7]

Happy to help you