Which of the following journal entries would be recorded if a business purchased office supplies on account in a previous accounting period and now makes a cash payment of $750 to the supplier to settle the account?

Answer:

Business

You might also like to view...

A European call and a European put on a stock have the same strike price and time to maturity. At 10:00am on a certain day, the price of the call is $3 and the price of the put is $4

At 10:01am news reaches the market that has no effect on the stock price or interest rates, but increases volatilities. As a result the price of the call changes to $4.50 . Which of the following is correct? A. The put price increases to $6.00 B. The put price decreases to $2.00 C. The put price increases to $5.50 D. It is possible that there is no effect on the put price

Business

Shopping malls typically average ________ parking spaces per ________ square feet of shopping space

A) 10; 1,000 B) 5; 1,000 C) 15; 5,000 D) 3; 1,000

Business