Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. expert please help basic accounting mm enterpr

expert please help basic accounting MM Enterprise purchased RM 18,000 of...

80.2K

Verified Solution

Question

Accounting

expert please help basic accounting
image
MM Enterprise purchased RM 18,000 of merchandise on account, terms 3/10, r/30. If payment was made within the discount period, the entry to record the payment would include a credit to: Select one: A Cash of RM17.460. B. Merchandise inventory of RM17.450. C Cash of RM18.000 D. Accounts Payable of RM18.000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

How a operational synergy, managerial synergy and market power, financial synergy enhance the value of company

Physics
1.2K views

questions 1) : How to control the polarization of light and intensity and phase of light...

Accounting
1.2K views

Fogerty Company makes two products—titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Unit Annual Production Hubs 0.70 26,000 units Sprockets 0.30 48,000 units Additional...

Biology
1.2K views

Read the following quotation about melanoma, a kind of skin cancer, answer the question. "Thirty-one...

Geometry
1.2K views

Plot the point whose polar coordinates are given Then find the Cartesian coordinates of the...

Algebra
1.2K views

The equation of the line below is O 2 3 2 1 2 3 y...

Algebra
1.2K views

L 3 1 3 Quiz Graphing Relations Mastery Test Rosalie is training for a marathon...

Accounting
1.2K views

The City of Bemard...

Accounting
1.2K views

Yang Company sold merchandise for $10,000 cash. The event is subject to a state sales...

Accounting
1.2K views

Upstream On January 2, 2008. Castine Company, a 70 percent-owned subsidiary, sold equipment to its...

Finance
1.2K views

Company X sells on a 2/20, net 52, basis. Customer Y buys goods with an...

Finance
1.2K views

RE 140 - Chapter 13/14 Exercise - Show all work in determining your answers Income...