Harvey's wholesale company sold supplies of $46,000 to northeast company on april 12 of the current year, with terms 1/15, n/60. harvey uses the net method of accounting for cash discounts. what entry would harvey's make on april 23, assuming the customer made the correct payment on that date?
a) cash 45,540 sales 460 accounts receivable 46,000
b) cash 46,000 sales discounts 460 accounts receivable 46,000 interest revenue 460
c) cash 45,540 sales discounts 460 accounts receivable 46,000
d) cash 45,540 accounts receivable 45,540

When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?

About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.