General Lighting ​

question 151

Multiple Choice

General Lighting
​
During the first quarter of the current year, the company sold 4,000 batteries on credit for $150 each plus state sales tax of 6%.
-Refer to General Lighting. The $150 price of each battery includes a $3 federal excise tax. Which of the following statements is true regarding the proper accounting treatment for the taxes related to this transaction?

• A)They are recorded as additions to revenue.
• B)They are recorded as unearned revenues on the company's balance sheet.
• C)They are recorded as a current liability owed to the taxing authority.
• D)They are recorded as expenses in the same period as the corresponding sales revenue.

Understand the structure and processing of two-dimensional arrays in Java.

Recognize that arrays can store only components of a consistent data type.

Identify that arrays in Java are objects and learn the syntax for array creation.

Understand how the size and fixed-bounded nature of arrays impact their utility and manipulation.

---

Definitions:

Downward

Describes the direction that is towards a lower position or level.

Graph

A visual representation of data or mathematical functions, often displayed within a coordinate system.

Equation

A mathematical statement that asserts the equality of two expressions, consisting of variables and constants.

Vertex

In geometry, a vertex is the point where two or more curves, edges, or lines meet. In graph theory, it refers to a node or a point where lines or edges join.