Sternberg Company Purchases Equipment for $1,200 and Supplies for $400

question 132

Multiple Choice

Sternberg Company purchases equipment for $1,200 and supplies for $400 from Tran Co. for $1,600 cash. The entry for this transaction will include a

• A) debit to Equipment $1,200 and a debit to Supplies Expense $400 for Tran.
• B) credit to Cash for Tran.
• C) credit to Accounts Payable for Sternberg.
• D) debit to Equipment $1,200 and a debit to Supplies $400 for Sternberg.

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Definitions:

Vocational Choice

The process of selecting a career path or occupation based on personal interests, abilities, and available opportunities.

Work Environment

A work environment encompasses the physical and psychological conditions under which employees operate, including the office layout, culture, and company policies.

Occupational Interest Inventory

A psychological assessment tool designed to explore an individual's preferences and interests in various occupations and work activities.

Successful

Achieving desired visions and planned goals.