A Company That Uses the Perpetual Inventory System Purchased 500 $$\begin{array} { | c | l | l | } \hline \text { Accounts receivable } & 13,000 & \\\hline \text { Sales revenue } & & 13,000 \\\hline\end{array}$$

question 5

Multiple Choice

A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for $7000 and paid $950 for the freight-in.The company sold the whole lot to a supermarket chain for $13,000 on account.Which of the following entries correctly records the sale?

• A) \[\begin{array} { | c | l | l | }
• \hline \text { Accounts receivable } & 13,000 & \\
• \hline \text { Sales revenue } & & 13,000 \\
• \hline
• \end{array}\]
• \[\begin{array} { | c | l | l | }
• \hline \text { Cost of sales } & 7950 & \\
• \hline \text { Inventory } & & 7950 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | c | l | l | }
• \hline \text { Sales revenue } & 13,000 & \\
• \hline \text { Inventory } & & 13,000 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | c | l | l | }
• \hline \text { Cost of sales } & 13,000 & \\
• \hline \text { Sales revenue } & & 13,000 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | c | l | l | }
• \hline \text { Inventory } & 13,000 & \\
• \hline \text { Cost of sales } & & 13,000 \\
• \hline
• \end{array}\]

Evaluate the role of psycho-social factors in the etiology and maintenance of mood disorders.

Describe the current theories and research findings regarding the biological basis of depression.

Comprehend the impact of suicide on public health and the measures taken for its prevention.

Understand the process and significance of cell division, expansion, differentiation, and development.

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Definitions:

Social Impact

The effect of an activity on the social fabric of the community and the well-being of individuals and families.

Venture Philanthropists

Individuals or organizations that apply venture capital principles to philanthropy, focusing on building the capacity and sustainability of non-profits or social enterprises.

Scalable Models

Business strategies or systems that can easily adapt or expand to accommodate growth without compromising performance or quality.

Social Entrepreneurship

Social entrepreneurship involves starting companies or initiatives that aim to solve social problems or address community needs through innovative solutions, prioritizing social impact alongside or above profit.