The proper journal entry to record the receipt of inventory purchased on account in a periodic inventory system would be 
Definitions:
Negatively Correlated
A statistical relationship between two variables in which one decreases as the other increases, and vice versa.
Bystanders
Individuals who are present at an event or incident but do not take part in it.
Helping Behaviour
Actions taken to assist or benefit another individual or group without expectation of reward.
Snoring
The hoarse or harsh sound that occurs when air flows past relaxed tissues in the throat, causing the tissues to vibrate during sleep.
Q39: The income statement will present<br>A)revenues less expenses
Q46: Which of the following items should not
Q47: In the accounting cycle, the last step
Q78: Assuming that the company uses the perpetual
Q80: Assume that three identical units of merchandise
Q105: A minimum cash balance required by a
Q130: Beginning inventory was understated.
Q135: On the income statement, miscellaneous expenses are
Q176: The account type and normal balance of
Q201: A sale of $750 on account subject