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 221 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
Wow, this really help

mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Organization of traditional source records Organization of traditional source records
Morris and Company, Sussex Rush-Seated Chairs. Morris and Company, Sussex Rush-Seated Chairs.
A typical office file room. (Paper medical records are rapidly being replaced by electronic ... A typical office file room. (Paper medical records are rapidly being replaced by electronic ...
Comparison of Paper Medical Records and Electronic Health Records Comparison of Paper Medical Records and Electronic Health Records
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
The Equinox Fabrication Plant suffered a fire incident in August, and most of the records for ... The Equinox Fabrication Plant suffered a fire incident in August, and most of the records for ...
Video: Nerve Impulse Transmission Animation

For a complete list of videos, visit our video library