Select the correct answer.
Kruger Trading Inc. buys goods on credit. In which two accounts will the company post this transaction after entering it into the journal?
OA. Goods and Cash
ОВ.
Goods and Creditors
Ос. .
Purchases and Creditors
OD
Purchases and Cash

Answers

Answer 1

Answer:

с. Purchases and Creditors

Explanation:

A goods account is hardly created in the general ledger. Accountants and bookkeepers use the purchases account to record goods bought by the company.  

When a business makes purchases, it can either pay cash or in credit.  Cash payments are recorded in the cash account. They reduce cash held by the business.

Credit purchases increase creditors and are recorded in the creditor's account.


Related Questions

Explain how Apple employed the marketing concept in designing, promoting, and supplying the
iPhone.
Identify the key benefit(s) for consumers relative to comparable competitive offerings (how does
the iPhone compare with their competition such as Samsung or LG?)

Answers

Answer:

They helped pioneering the next generation of technology by their advertising and making it as comfortable as it is.

Explanation:

Apple intelligently and utilizes numerous advertising to increase everyone to be curious. They keep attracting people's souls in a somewhat way that they're in lineups for lengthy hours only to purchase their items.

Apple's main factors that influence its intelligent marketing development are to increase its reputation as well as different goods. Differentiation strategy is perhaps the foremost significant approach adopted by Apple to market items that are distinctive as well as substantially intellectually superior of such companies.

The main advantages of similar competitive offers for customers are:

Uniqueness has therefore overridden competitiveness in prices.Links effectively with users.

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One common advantage of a long-term investment is

higher return.
no risk.
higher liquidity.
no liquidity.

Answers

Answer:

higher return.

Explanation:

When it comes to investing, time is is a good friend. Long-term investments are more profitable compared to short-term investments.

Time overcomes market volatility. Naturally, markets move up and down. On some occasions, the draw-downs may be big and rapid, which may erode short-term gains. Staying in the market longer allows the market to correct its self and return to profitability.

By taking long term investments, the investor enjoys the benefits of compound interests. The investment earns interests on interests earned, which increases the investor's wealth rapidly.

One common advantage of a long-term investment is a higher return. Thus, option A is appropriate.

Investments are made to create income or profit in the future. They are typically made with money. In plain English, it entails investing money in a business or asset with the hope of receiving a return on the investment.

Investments are traditionally defined as "commitments of resources to realize benefits in the future." If money is involved, an investment represents a "commitment to receive more money later."

Thus, option A is correct.

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Which of the following is not an example of a multichannel retailer?

A. Abercrombie & Fitch

B.McDonald's

C.Target

D.None of the above​

Answers

B. the answer is mcdonald’s

Answer:

mcdonalds!!!!

Explanation:

!its right trust me those ppl who commented above are wrong, i put it in on od and it was right! on god bro.

Which two sentences describe the characteristics of a corporation?
The company is treated as a separate tax entity by law.
The owners have to accept partial liability for debts.
It is possible to raise large amounts of capital by selling company stock.
The owners are known as corporators.

Answers

Answer:

The company is treated as a separate tax entity by law.

It is possible to raise large amounts of capital by selling company stock.

Explanation:

A corporation ownership structure is considered a legal person. The law recognizes a corporation as a distinct legal entity with equal business rights like a human being. The corporation has the right to engage in business activities, acquire assets, and enter into commercial contracts.  At the end of a period, a corporation is expected to file tax returns.

A corporation has the advantage when it comes to raising capital. It is allowed to offers shares to investors in exchange for capital.  Investors turn to shareholders(owners) when they purchase the shares of a corporation.

All of his 3 credit cards currently have a balance, as he has had trouble paying off his card each month

Answers

Answer:

then he dumped

Explanation:

All of his 3 credit cards currently have a balance, as he has had trouble paying off his card each month he has dumped.

What is a credit card?

A credit card is said to be a type of plastic money that allows an individual to purchase goods on credit and pay back the amount later on some specified rate of interest being charged on it.

In order to avoid excessive spending, one should keep in mind that if a credit card debt is left unpaid at the end of the credit limit, interest will be imposed on the remaining balance.

In the event that you fail to pay your credit card bill at all, you will probably be assessed a late fee, miss your majesty period, and be required to pay interest at a penalty rate. A good credit score can be improved and maintained by keeping your balance at or below 30% of your credit limit.

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write the key points about a teacher's role
can someone pls help me??​

Answers

classroom instruction to help students learn. Planning, preparing, and delivering lessons, giving feedback, helping students want to learn, and supporting.

What are Advantages of having good Credit Score? Choose the best three that apply.

Saving on Insurance rate
Car loan Interest rate
Getting in to a Good College
Getting a Good Cell phone Plan

Answers

I’m pretty sure it’s
-saving on insurance
-car loan
-getting good cell phone plan

The worst economic time of the last century was during_____.
A.) The Great Recession
B.) The Great Depression
C.) The Industrial Revolution

(B. is wrong, I took the test)

Answers

Answer:

A. The Great Recession

Explanation:

I hope this helped

Which characteristic gives the term preference shareholder its distinct name?


Preferred shareholder gets its name from its unique feature that shareholders of such shares are given first preference in terms of payment in case the business_____.

Answers

Answer: dividends

Explanation:

Dividends are not liability of the firm. The preferred dividends are differed. The dividends and preferred dividends must be paid to the individual stakeholders so that equal share share can reach out to the individual owner before the common shareholders can receive any monetary gain. Dividends are the taxes that are not included in the business expenses but it is included as corporate tax. The dividends by the shareholders are included with the tax.

Answer:

shuts down

Explanation:

An opportunity cost is the
value of the best alternative given up
value of all alternatives given up
O value gained by your top choice
NAIS QUESTION
ASK FOR HELP

Answers

Answer:

value of the best alternative given up

Explanation:

Opportunity cost is the benefits forfeited for deciding against a certain option. Opportunity cost arises due to scarcity of resources forcing people to make decisions. When making decisions, one has to choose between different alternatives. Naturally, one would go for the best out of the available options.

The other alternatives not selected have their benefits too. The gain from the alternative ranked second is the opportunity cost.

Answer: value of the best alternative given up

Explanation:

Dont give some bolonie long answer just say a, b, c , or d and If you don’t now or you think you now don’t answer thanks


Which HTML tag is formatted correctly?

This is a heading
This is a heading
This is a title
This is a paragraph

Answers

Answer:

your answer is

B. This is a heading

good luck :)

Write any five methods of getting information of foreign employment and discuss any one of them.​

Answers

Answer:

May it will help you

Explanation:

1) Notice board

2) Book of introduction

3) Institutions work working under the ministry of labour

4) Authority of human resources

5) Manifestos of training institutions

6)Web site

7) Newspapers

8) Public meeting :the manpower company, training institutions and institutions of public counseling are working in the field of foreign employment in nepal.

They come to the direct or indirect contact of people through various programmes of interaction, seminar, and meeting.

9)Radio and television

Foreign employment getting information through Notice board, Book of introduction, Authority of human resources, Web site, and Newspapers.

Who is Foreign employment?

Public meeting: When the manpower company, training institutions, and institutions of public counseling are working in the field of foreign employment in Nepal.

Although, They come to direct or indirect contact with people through various programs of interaction, seminars, and meetings.

Also, Foreign employment getting information through Institutions work working under the ministry of labor, Manifestos of training institutions, Radio, and television

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why is etiquette important in debate tournaments

Answers

To sound professional, it gives advantages to you for it to be easier to win

Help PLEASE!!!

Joel works as a customer service representative in an electronics store. A customer has a complaint regarding a technical aspect of the computer
he bought from the store two weeks ago. Although Joelis familiar with the specifications of the computer, he is fully equipped to help the
customer with the complaint. Assuming that Joel possesses good customer service skills, which action should he toket

A. use the internet to find the required information and help the customer
B. ask the customer to wait while he has a meeting with his manager
C. help the customer contact the store's engineer who can provide help regarding technical issues
D. ask all members of his staff whether they have a solution to the customer's problem
E. politely tell the customer that nobody could possibly solve the problem

Answers

Answer: C

Explanation: since she is customer support the obvios (god i cant spell sometimes) thing to do is connect them to a engineer who can help them. you could also do process of elimination A: they probaly did search the internet already B: why the manager? wouldnt someone like an engineer have better insight on this? C: Engineers have the most expertise in this area so they can help fix the problem. D: sure this could help but its not as sure as asking the engineer

ANSWER: C

Joel being as a customer service representative in an electronics store shall help the customer contact the store's engineer who can provide help regarding technical issues. Option C is correct.

What is Customer Service Representative?

Customers who have inquiries, requests, or concerns regarding goods or services they have received from the business are assisted by a customer service representative.

At every stage of the process, they give priority to the demands of the clients and offer solutions that are tailored to those unique circumstances.

Essential Characteristics of an Outstanding Customer Service Representative has problem-solving abilities. The most important trait for providing outstanding customer service is problem-solving, followed by clear communication, friendliness, empathy, business savvy, goods knowledge, and strong time management.

Thus option c is correct.

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what are creative products example flying water bottle

Answers

Answer:

Tesla’s self driving car

Or the waterproof speaker for showers

Explanation:

What Do Banks Do With Their Deposits?

Answers

Answer: When a person deposits money into their bank account, the bank can then lend other people that money. The depositing customer gains a small amount of money in return (interest on deposits), and the lending customer pays a larger amount of money to the bank in return (interest on loans).

Explanation: I think

how is a job search conducted​

Answers

you provide what you like like and santa brings it to north pole and see what is best for you

What is Gravitational law and how yo solve it​

Answers

Explanation:

I believe this is what you are asking for, Newton's law of gravitation.

The law of Newton's universal-gravitation states that every particle will attract every other particle in the universe. The force that attracts this is a force that is directly proportional to a product of the mass.

Which of these individuals is an entreneur ?
A. a computer programa who starts her own software Company
B.A farmer who sells his crops in markets all over the country
C.A factory owner who relocates his operation overseas to save money
D. A governor who calls for raising taxed on wealthiest corporations ​

Answers

Answer:

A. a computer programmer who starts her own software Company

Explanation:

Entrepreneurship is the process through which new businesses are started. An entrepreneur is a person who takes risks by committing their time and resources to start a business.

The computer programmer is the entrepreneur in this case. She is starting a new software business. Other than her computer skills, she will need to be creative and innovate to develop products that will appeal to customers. She will take all risks of her new business but also stand to enjoy its success.

You are considering a 5/1 ARM. What does the 1 represent?
A. The number of years between adjustments in the interest rate
B. The interest rate of the initial fixed-rate loan period
C. The total number of years in the loan D. The number of years that a fixed interest rate will be applied to th loan​

Answers

Answer: i would say b

Explanation:

Just take the points ;-; I'm done here
what is 2+2

Answers

Answer: 4

Explanation:

2+2=4

In addition, the addends or the summands are numbers or terms being added together

I will play basketball. This is a _____ goal.

a) neither
b) broad
c) SMART
15 POINTS AND BRAINLIEST

Answers

Answer:

b

Explanation:

not timely or specific,

Answer: d

Explanation:

some pencils are to be shared between grade 7, grade eight students receive 196 more than grade 7 students no, find the total number of pencils shared,find the total number of pencils shared.​

Answers

Answer:

203

Explanation:

Where should a worker go for equipment to help put out a small fire?

Where could a supervisor get a bandage for a worker with a cut hand?

Where should a supervisor go to call for an ambulance after a worker breaks a leg?

Answers

Answer:

a. the front east wall

b. the floor manager’s office

c. the employee cafeteria

Explanation:

(A) A worker should go for tools to support putting out a small fire on the front east wall. DON’T pick individual belongings: Fires spread fast.

Who is Supervisor?

(B) A supervisor obtains a bandage for an employee with a cut hand in the floor supervisor’s office.

(C) A manager goes to call for an ambulance after an employee breaks a leg in the employee cafeteria.

While it’s comprehensible that employees will be shocked during a fire, keeping a level leader is important to survival. Fortunately, manipulating fire drills should support provide a calm reaction since everyone will comprehend exactly what to do.

Wrap the wound with a bandage, stay away from food and prep spaces, protect the hand with a glove and finger cot, and protect the wound with a bandage and a glove or a finger cot.

we would extremely advise you to directly administer First Aid and call an ambulance if somebody: Appears not to be breathing, is holding chest pain, working to breathe, or breathing strangely -appearing to ‘suck in’ below their rib cage and utilizing different muscles to support them to breathe.

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How does free trade benefit businesses? For example, how does it encourage
investment?

Answers

Answer:

Liberating exchange decreases imported-input costs, consequently diminishing businesses creation costs and advancing financial development. Deregulation improves proficiency and advancement. The outcomes are higher wages, interest in such things as foundation, and a more unique economy that keeps on making new openings and openings.

What is a 401 (k) retirement plan? I NEED HELP:(

Answers

Answer:

-an employer sponsored retirement plan that allows a worker to save for retirement while deffering income taxes on the saved money or earnings until withdrawal.

Explanation:

just cause homie

A 401(k) retirement plan is a retirement plan sponsored by the employer where he or she deducts a small percentage of the gross pay of the employee.

What is the significance of the 401(k) retirement plan?

A 401(k) retirement plan can be referred to or considered as a plan where the employer contributes a fixed and a small proportion from the gross pay of the employee until the time he or she serves to the company of the employer.

An employee is free from paying any kind of taxation amount over the monies he or she has saved in a 401(k) retirement plan. However, the taxation is not a liability only until the employee makes a withdrawal.

Therefore, the significance regarding a 401(k) retirement plan has been aforementioned.

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Luis got himself in trouble by accidentally sending an e-mail to a client instead of his co-worker. He resolved to be more careful in the future to prevent this from happening again. Luis can use these practices to help him avoid sending out e-mail to the wrong person.

Answers

Luis can use these practices to help him avoid sending out e-mail to the wrong person: Be careful when using the reply to All feature and to Double-check the Cc and Bcc fields.

What is email?

Email can be defined as a communication channel that enables a person to exchange information with another person.

Based on the information given in order to prevent repeating the same error or mistake, the best thing is to always re-check the  Cc and Bcc before sending out the email.

Inconclusion Luis should be careful when using the reply to All feature and to Double-check the Cc and Bcc fields.

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When a company asks that people sign a contract to show they do intend to purchase the product, the situation involves.
A.) Marketing Mix
B.) Sales
C.) Target Market
D.) Customer Wants
E.) Customer Needs
F.) Marketing

Answers

Answer:

Target Market

This is the right answer

A company asks that people sign a contract to show they do intend to purchase the product, the situation involves. the Target Market.

What is the market?

The entire number of buyers and sellers in the area or region under consideration is referred to as the market. Earth, as well as several nations, regions, states, and cities, may be the subject. The worth, expense, and cost of the goods traded depend on the forces of supply and demand in the market.

The term target market refers to that. A serviceable obtained market, By which the group of customers,  a business aims its marketing efforts and resources. A target market is a subset of the total market for a product or service.

Therefore, Thus option (C) is correct.

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Which of the following is NOT Considered personal information?
O a) Social Security number
Ob) Date of Bith
Oc) Place of employment
O d) Credit card number

Answers

Answer: NOne of the above. Or C Place of employement

Explanation:

The personal information that does not consider is the place of employment.

The following things should be considered for personal information:

The number of social security.The date of birth.The credit card number.

Personal information refers to the information that does not share with anyone as it is safe and secure data that should be kept with the person only.

Therefore we can conclude that the personal information that does not consider is the place of employment.

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List three pieces of information listed in a Schumer Box that you believe are important to review before signing up for a credit card. Explain why you chose these three areas/fees.

Answers

Answer:

Three pieces of important info that the Schumer Box gives you is a description of the circumstances, the penalty APR, and how long the penalty rate will remain in place. These are important to keep in mind because you should have a good idea of the terms your signing up for... that's pretty much common sense. The penalty length and APR are important to know because you should know what the charge will be if you're late on a payment or something like that. Knowing that info will hopefully keep you from slipping up and causing a penalty, so you can avoid those fees all together.  

Explanation:

The terms of the credit facility, interest rates of such credit card and the annual charges and fees of such cards are necessary to be considered before signing up for a credit card.

What is a credit card?

A credit card is digital money that gives such holder a credit facility and access to use such credit for the period and as per the terms of contract between the holder and the issuer.

The contents of a Schumer box are advised to be read thoroughly, and only after such understanding and acceptance of the terms should a user sign up for the credit card.

Hence, it is important to read the terms of payment, rate of interest and annual maintenance fees or charges must be considered in a Schumer box before signing up for a credit card.

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