A business makes a cash payment to a supplier on account for office supplies that were purchased earlier. Which of the following accounts is credited?

A) Cash
B) Accounts Payable
C) Office Supplies
D) Office Supplies Expense

Ans: A) Cash

Business

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Command-and-control regulation give polluters financial motives to control pollution while also giving them flexibility in how reductions are achieved.

a. true b. false

Business

An example of classification merchandising for a hardware retailer is recording sales by _____

a. season b. time of day c. hammers, less than $5; hammers $5-$10 d. hardware – do-it-yourself; hardware – commercial

Business