Queen Mattresses,Inc If Queen Mattresses,Inc $\begin{array}{lll}\text { Accounts Receivable } & 3,800 \\\quad \text { Sales } & & 3,800 \\\end{array}$

question 65

Multiple Choice

Queen Mattresses,Inc.had the following transactions occur during May 20X3.Assume there is no beginning inventory. $\begin{array}{ll}\text { May } 2 & \text { Inventory was purchased on account for } \$ 5,000 \text {, terms } 2 / 10, n / 30 . \\\text { May } 3 & \text { Inventory costing } \$ 1,000 \text { was returned. } \\\text { May } 9 & \text { Paid for the inventory. } \\\text { May 15 } & \text { Inventory costing } \$ 2,200 \text { was sold on account for } \$ 3,800 \text {, terms } 3 / 10, n / 45 \text {, } \\\text { May } 31 & \text { Closing entries are prepared for the month-end financial statements. }\end{array}$ If Queen Mattresses,Inc.were using a periodic inventory system,what is the journal entry on May 15?

• A)\(\begin{array}{lll}
• \text { Accounts Receivable } & 3,800 \\
• \quad \text { Sales } & & 3,800 \\
• \end{array}\)
• B)\(\begin{array}{lccc}
• \text { Accounts Receivable } & 3,800 & \\
• \quad \text { Sales } & & 3,800 \\
• \text { Cost of Goods Sold } &2,134 & \\
• \text { Cash Discounts on Sales } &66 & \\
• \quad \text { Inventory } & & 2,200\\
• \end{array}\)
• C) \(\begin{array}{lccc}
• \text { Accounts Receivable } & 3,800\\
• \quad \text { Sales } & & 3,800 \\
• \text { Cost of Goods Sold } &2,200 & \\
• \quad \text { Inventory } & & 2,200\\
• \end{array}\)
• D) \(\begin{array}{lccc}
• \text { Accounts Receivable } & 3,686 \\
• \text { Cash Discount on Sales } & 114 \\
• \quad \text { Sales } & & 3,800 \\
• \end{array}\)
• E)\(\begin{array}{lccc}
• \text { Accounts Receivable } & 3,686 \\
• \text { Cash Discount on Sales } & 114 & \\
• \quad \text { Sales } & & 3,800 \\
• \text { Cost of Goods Sold } & 2,200 &\\
• \text { Inventory }& & 2,200
• \end{array}\)

Understand the differences between traditional and atypical antipsychotic medications.

Know the primary drug treatments for specific psychological disorders like schizophrenia.

Examine the historical shift in treating psychological disorders from institutional to community settings.

Understand the cultural and systemic factors influencing the utilization of mental health services.

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Definitions:

Internal Conflict

A psychological struggle within the mind of an individual, often involving differing emotions, desires, or beliefs.

Forming Stage

The initial phase in group development where members meet and start to form relationships, characterized by orientation and acquaintance.

Group Process

The patterns of interaction, behavior, and dynamics that occur within a group setting.

Conform

To align one's behaviors, beliefs, or standards to those of a group or societal norms, often to fit in or be accepted.