Amerchandiser purchased inventory on account for $18,000. under the periodic inventory system, the journal entry to record the purchase would include
a. a debit to accounts payable for $18,000 and a credit to purchases for $18,000
b. a debit to accounts payable for $18,000 and a credit to merchandise inventory for $18,000
c. a debit to merchandise inventory for $18,000 and a credit to accounts payable for $18,000
d. a debit to purchases for $18,000 and a credit to accounts payable for $18,000

What is the best way for the inventor to protect his/her investment if the invention of a new composite material for turbofan blades is susceptible to reverse engineering?

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)