Table 8-1 -From the Data Given, Which Star in Table 8-1 Would

question 132

Multiple Choice

Table 8-1

-From the data given, which star in Table 8-1 would appear the faintest in the night sky

• A)65 Tau
• B)HR 4621
• C)α Pic
• D)58 Ori
• E)HR 2491

Understand the effects of buying and returning merchandise on financial statements.

Appreciate the differences between the perpetual and periodic inventory systems.

Identify the types of accounts affected by the purchase and sale of merchandise.

Understand the implications of payment terms on accounting entries.