The Entry to Record Payment of a $1,500 Purchase Within

question 8

Multiple Choice

The entry to record payment of a $1,500 purchase within the 2 percent discount period would include a(n)

• A) decrease to Accounts Payable for $1,470.
• B) increase to Purchases Discounts for $30.
• C) increase to Accounts Payable for $1,500.
• D) increase to Cash for $1,500.

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Definitions:

Giorgio Vasari

An Italian painter, architect, and writer known for his biographies of Renaissance artists in "The Lives of the Most Excellent Painters, Sculptors, and Architects."

Louis IX

Louis IX, known as Saint Louis, was King of France from 1226 until his death in 1270 and is the only French king canonized in the Catholic Church.

Contrapposto

The disposition of the human figure in which one part is turned in opposition to another part (usually hips and legs one way, shoulders and chest another), creating a counterpositioning of the body about its central axis. Sometimes called “weight shift” because the weight of the body tends to be thrown to one foot, creating tension on one side and relaxation on the other.

S-curve

A term in art and design describing a curve shaped like the letter "S", often used to create a sense of dynamism and grace in compositions and poses.