A company's management information system is a subsystem of its accounting information system

Indicate whether the statement is true or false

False

Business

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Blake, Inc purchased a van on January 1, 2015, for $800,000

Estimated life of the van was five years, and its estimated residual value was $90,000. Blake uses the straight-line method of depreciation. Give the journal entry to record the purchase of van for cash. What will be an ideal response

Business

Physical distribution focuses on ________ logistics

A) inbound B) horizontal C) vertical D) outbound E) reverse

Business