Under the Perpetual Inventory System,when a Purchaser Makes Payment Within

question 265

True/False

Under the perpetual inventory system,when a purchaser makes payment within the discount period,the amount of discount will be credited to the Merchandise Inventory account.

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Definitions:

Authentication Server

A server that keeps track of who’s logging on to the network and which services on the network are available to each user.

Logging On

The process of gaining access to a computer system or service by entering a username and password.

Network Services

Services provided by networked computers, such as email, file sharing, and internet access, typically relying on the TCP/IP protocol suite.

Hybrid Topology

Combining multiple topologies on one network.