Mathematics, 29.03.2020 03:03 codyshs160

Select the correct answer.
Adidea Corp. purchased 500 units of merchandise at $15 per unit from a vendor. It pays 50 percent of its purchase with cash and puts the rest on credit. How will the
company record this transaction, assuming it uses a perpetual system?
O A Inventory (debit) 7,500; Cash (credit) 3,750; Accounts receivable (credit) 3,750
OB. Inventory (debit) 7,500; Cost of goods sold (credit) 7,500; Accounts payable (credit) 3,750
OC. Inventory (debit) 7,500; Cash (credit) 3,750, Accounts payable (credit) 3,750
OD. Inventory (debit) 7,500; Purchase (credit) 7,500, Accounts receivable (credit) 3,750

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 14:40, AdoNice

How many square feet of out door carpet will we need for this hole? 8ft 3ft 12ft 4ft

Answers: 1

continue

Mathematics, 21.06.2019 16:40, naomicervero

Which of the following is the correct equation for this function? a. y= (x+4)(x+2) b. y=x^2+ 3x – 2 c. y+ 2 = – 2(x+3)^2 d. y+ 2 = 2(x+3)^2

Answers: 1

continue

Mathematics, 21.06.2019 18:30, bellabarfield4286

The u-drive rent-a-truck company plans to spend $13 million on 320 new vehicles. each commercial van will cost $25 comma 000, each small truck $50 comma 000, and each large truck $80 comma 000. past experience shows that they need twice as many vans as small trucks. how many of each type of vehicle can they buy?

Answers: 1

continue

Mathematics, 21.06.2019 23:00, kalbaugh

What adds to be the bottom number but also multiplies to be the top number with 8 on the bottom and 15 on top

Answers: 2

continue

You know the right answer?

Select the correct answer.
Adidea Corp. purchased 500 units of merchandise at $15 per unit fro...