On June 3,Maryland Company Purchased Merchandize Worth $800 on Credit,terms $\begin{array}{lcc}\text { Accounts Payable } & 784 & \\\text { Purchases Discounts } & 16 & \\\quad \text { Cash } & & 800\end{array}$

question 92

Multiple Choice

On June 3,Maryland Company purchased merchandize worth $800 on credit,terms 2/10,n/30.The amount paid on June 15.What is the required journal entry to record the payment under the periodic inventory system?

• A)
• \(\begin{array}{lcc}
• \text { Accounts Payable } & 784 & \\
• \text { Purchases Discounts } & 16 & \\
• \quad \text { Cash } & & 800
• \end{array}\)
• B)
• \(\begin{array}{lr}\text { Accounts Payable }&800\\
• \text { Purchases Discounts } && 16 \\
• \text { Cash } && 784
• \end{array}\)
• C)
• \(\begin{array}{ll}
• \text { Cash } & 800 \\
• \text { Accounts Payable } &&800
• \end{array}\)
• D)
• \(\begin{array}{l}
• \text { Accounts Payable } &800\\
• \text { Cash }&&800
• \end{array} \)

Describe the procedures for issuing a stop payment order, including timelines and responsibilities of the bank and customer.

Understand the importance and application of ethical guidelines in social research.

Comprehend different types of research methods and their appropriateness to research questions.

Identify sexism and androcentrism in research and recognize efforts to mitigate these biases.

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Definitions:

Assembly Line

An assembly line is a manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.

Idle

A state of inactivity or not being in use, often referring to machinery or workers.

Busy

Engaged in action or occupied with activities, often implying a lack of spare time.

Fixed Interval

A schedule of reinforcement where rewards are given after a specific, fixed amount of time has passed.