A Firm That Uses the Perpetual Inventory Method Purchases Inventory

question 39

Multiple Choice

A firm that uses the perpetual inventory method purchases inventory for $2 000 from a vendor on credit, FOB shipping point, with terms of 2/10, n/30. The firm paid the shipper $100 cash for freight in. Which of the following entries would be made to record payment to the vendor if the payment is made within 10 days? All amounts include GST.

• A)$2 000 debit to Accounts payable, a $100 debit to Inventory and a $1 960 credit to Cash
• B)$2 000 debit to Accounts payable, a $36.36 credit to Inventory, a $3.64 credit to GST Clearing and a $1 960 credit to Cash
• C)$1 960 debit to Accounts payable, a $36.36 debit to Inventory, a $3.64 debit to GST Clearing and a $2 000 credit to Cash
• D)$1 960 debit to Accounts payable and a $1 960 credit to Cash

Identify early indications of hypoxia in patients receiving supplemental oxygen.

Demonstrate knowledge on confirming the proper placement of an endotracheal tube for patients on mechanical ventilation.

Recognize which patients may benefit least from specific respiratory support interventions postoperatively.

Compare different oxygen delivery systems to select the most effective method for achieving high oxygen concentrations in emergency situations.

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Definitions:

Patriarchy

A social system in which men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.

Sexism

Prejudice, stereotyping, or discrimination, typically against women, on the basis of sex.

Social Structure

The organized pattern of social relationships and social institutions that together compose a society.

Stable Patterns

Denotes consistent and enduring behaviors, practices, or conditions that persist over time within a society or environment.