Which of the following journal entries would be recorded if a business purchased $800 of office supplies on account?
A)
Accounts Payable 800
Office Supplies 800
B)
Office Supplies 800
Accounts Payable 800
C)
Office Supplies 800
Cash 800
D)
Cash 800
Office Supplies 800
B
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Overbranding of high-tech products means:
a. branding the individual product which leads to a string of confusing names over time b. branding the company, platform, or idea c. having a family brand d. having an umbrella brand e. none of the above
The courts' major concern in cases involving vertical price-fixing has been whether the ________
A) fixed price was reasonable to consumers B) fixed price was in line with prices charged by competitors retailing the same product C) retailer made the pricing decision independently or by agreement with the manufacturer D) manufacturer could remain financially viable at the agreed price