Given the Following Accounts

question 106

Multiple Choice

Given the following accounts:
-Paid voucher #425.
Debit ________ Credit ________

• A)Cash in bank
• B)Petty cash
• C)Supplies
• D)Equipment
• E)Notes payable
• F)Vouchers payable
• G)FICA payable
• H)Wages payable
• I)Purchases
• J)Purchase discounts
• K)Discounts lost
• L)Repairs expense
• M)Interest expense
• N)Delivery expense
• Indicate the account(s) to be debited and credited to record the following transactions.
• The company uses the periodic inventory method.

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Definitions:

Appropriateness

The quality of being suitable or fitting for a particular purpose, person, occasion, etc.

Griggs V. Duke

A landmark U.S. Supreme Court case that addressed workplace discrimination and emphasized the need for employment practices, especially tests, to be related to job performance.

Job Performance

Job performance refers to the effectiveness with which job tasks are carried out and the outcomes achieved by an employee.

PL 94-142

The Education for All Handicapped Children Act of 1975, now known as the Individuals with Disabilities Education Act (IDEA), which mandates free and appropriate public education for all children with disabilities in the United States.