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

Author Question: A contra-account that records the company's returns of merchandise purchased from suppliers: a. ... (Read 208 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
on: Jul 6, 2018
A contra-account that records the company's returns of merchandise purchased from suppliers:
 a. Purchases Discounts
   b. Sales Returns and Allowances
   c. Freight-In
   d. Purchases Returns and Allowances

Question 2

Which organization has the highest level of authority for a setting GAAP for nongovernment, not-for-profit organizations?
 
  a. FASB.
  b. GASB.
  c. AICPA.
  d. NCGA.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

morganmarie791

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

A


debasdf

  • Member
  • Posts: 570
Reply 2 on: Jul 6, 2018
Gracias!

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Cane toad merchandise Cane toad merchandise
Comparison of Paper Medical Records and Electronic Health Records Comparison of Paper Medical Records and Electronic Health Records
Comparison of Paper Medical Records and Electronic Health Records Comparison of Paper Medical Records and Electronic Health Records
This headache remedy was “guaranteed” by the drug company; 1906. This headache remedy was “guaranteed” by the drug company; 1906.
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 ...
A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ... A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ...
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library