Exams & Certification

Exams & Certification

The journal entry to record a return of merchandise purchased on account under a perpetual inventory system would credit

The journal entry to record a return of merchandise purchased on account under a perpetual inventory system would credit a.Accounts Payable. b.Purchase Returns and Allowances. c.Sales Revenue. d.Inventory. The correct answer and explanation is : The correct answer is: a. Accounts Payable. Explanation: Under the perpetual inventory system, inventory records are updated continuously as transactions

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Under a perpetual inventory system

Under a perpetual inventory system, acquisition of merchandise for resale is debited to the a.Inventory account. b.Purchases account. c.Supplies account. d.Cost of Goods Sold account. The correct answer and explanation is : Correct Answer: A. Inventory account. Under a perpetual inventory system, the acquisition of merchandise for resale is debited to the Inventory account. This

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Given the balanced equation below and knowing that 0.0470 grams of magnesium metal fully reacted

Given the balanced equation below and knowing that 0.0470 grams of magnesium metal fully reacted, determine how many grams of hydrogen gas formed as a result of that reaction. Mg (s) + 2 HCl (aq) = MgCl2 (aq) + H2 (g) The correct answer and explanation is : Solution: Final Answer: 0.00390 g of H₂

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Using the VSEPR model, the molecular geometry of the central atom in H2S is

Using the VSEPR model, the molecular geometry of the central atom in H2S is A) trigonal pyramidB) trigonal planarC) tetrahedralD) linearE) bent The correct answer and explanation is : The correct answer is:E) Bent Explanation: To determine the molecular geometry of H₂S (hydrogen sulfide) using the Valence Shell Electron Pair Repulsion (VSEPR) model, follow these

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If a company determines cost of goods sold each time a sale occurs

If a company determines cost of goods sold each time a sale occurs, it a.must have a computer accounting system. b.uses a combination of the perpetual and periodic inventory systems. c.uses a periodic inventory system. d.uses a perpetual inventory system. The correct answer and explanation is : Correct Answer: d. uses a perpetual inventory system.

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Consider HCI molecule

Consider HCI molecule:i) Sketch a Lewis diagram of HCI.ii) Draw a fully labelled Molecular Orbital diagram for HCI.iii) Calculate the bond order for HCI. Justify whether the bond order matches the proposed Lewis structure in b) i).iv) State the number of nonbonding electron pair(s) in this molecule.v) Relate the number(s) of bonding electron between the

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