Author Question: The transaction to record payment for delivery equipment that was purchased on account in the ... (Read 184 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
The transaction to record payment for delivery equipment that was purchased on account in the previous month would include
 a. debiting Cash and crediting Accounts Receivable.
   b. debiting Cash and crediting Accounts Payable.
   c. debiting Accounts Payable and crediting Cash.
   d. debiting Delivery Equipment and crediting Cash.

Question 2

Kaizen budgeting involves ________.
 
  A) large cost reductions
  B) management directed improvements
  C) continual small cost reductions
  D) continual small revenue increases



CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

c

Answer to Question 2

Answer: C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

For a complete list of videos, visit our video library