Question and answer
Which of the following statements is correct? (Points : 4) A. The purchase requisition is the form sent to a supplier to order goods. B. The Purchases account is reported as an asset on the balance sheet. C. To the customer, a supplier's invoice is a purchase order invoice. D. The credit terms, 2/10, n/30, allow the customer to take a 2 percent discount if payment is made within 10 days of the invoice, otherwise payment is due in full in 30 days
s
The credit terms, 2/10, n/30, allow the customer to take a 2 percent discount if payment is made within 10 days of the invoice, otherwise payment is due in full in 30 days.- is correct. ]
emdjay23|Points 3151|
Question|Asked by Addison2010
Asked 2/22/2014 9:21:24 PM
Updated 2/22/2014 9:40:54 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Edited by debnjerry [2/22/2014 9:40:39 PM], Edited by debnjerry [2/22/2014 9:40:53 PM], Confirmed by debnjerry [2/22/2014 9:40:54 PM]
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Questions asked by Addison2010
The first step in the closing process is to close (Points : 4) a. the drawing account b. the capital account c. the revenue accounts d. the expense accounts
Weegy: The first step in the closing process is to close - c. THE REVENUE ACCOUNTS. (More)
Question
Expert Answered
Updated 2/18/2014 6:59:29 AM
0 Answers/Comments
Permanent accounts are closed to zero during the closing process. True or False
Question|Asked by Addison2010
Not Answered
Updated 1/7/2018 5:02:56 PM
1 Answer/Comment
Permanent accounts are closed to zero during the closing process. FALSE.
Added 1/6/2018 11:45:56 PM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [1/7/2018 5:02:59 PM]
The amount of money the policyholder pays per claim or per accident toward the total amount of an insured loss before the company will pay on the claim is known as the: (Points : 2) a. exclusion b. premium c. deductible d. remittance
Weegy: The amount of money the policyholder pays per claim or per accident toward the total amount of an insured loss before the company will pay on the claim is known as the - - c. DEDUCTIBLE. ] (More)
Question|Asked by Addison2010
Expert Answered
Updated 2/18/2014 6:59:54 AM
0 Answers/Comments
Which of the following individuals would not normally be eligible for Medicare? a. A 66-year-old retired woman b. A blind teenager c. A 23-year-old recipient of AFDC d. A person on dialysis
Question|Asked by Addison2010
Updated 4/2/2018 8:41:01 AM
1 Answer/Comment
A 23-year-old recipient of AFDC would not normally be eligible for Medicare.
Added 4/2/2018 8:41:01 AM
This answer has been confirmed as correct and helpful.
The amount of money paid to keep an insurance policy in force is the: (Points : 2) a. premium b. deductible c. co-pay d. co-insurance
Question
Updated 2/16/2014 7:41:15 PM
1 Answer/Comment
The amount of money paid to keep an insurance policy in force is the: premium.
Added 2/16/2014 7:41:15 PM
This answer has been confirmed as correct and helpful.
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