Green Company Purchased $3,600 of Merchandise on Account, Terms 2/10

question 168

Multiple Choice

Green Company purchased $3,600 of merchandise on account, terms 2/10 n/30. If payment was made after the expiration of the discount period and a perpetual inventory system is used, the entry to record the payment would include a:

• A)credit to Inventory of $3,600.
• B)credit to Cash of $3,528.
• C)credit to Cash of $3,600.
• D)debit to Accounts Payable of $3,528.

Recognize the importance of transnational communities and their social and political implications.

Understand the impact of colonization and decolonization on global economic systems.

Discuss the factors influencing the status and poverty of women globally.

Explore the relationship between education, technology, and global economic development.

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Definitions:

Sociologists

Scholars who study the development, structure, and functioning of human society, as well as social problems and interactions within it.

Anthropologists

Scientists who study human societies, cultures, and their development over time.

Gestures

The ways in which people use their bodies to communicate without words; actions that have symbolic meaning.

Universal

Characterized by being applicable to all cases, situations, or individuals; globally accepted or relevant.