A stock's price pattern has taken on a head and shoulders shape. A technician is explaining to a client where this pattern is categorized and its implication for the stock's price. The technician will most likely state that its pattern category and implication are: Pattern Category Stock Price Implication A. Reversal Negative B. Continuation Negative C. Continuation Positive Group of answer choices

On june 3, teal company sold to chester company merchandise having a sale price of $2,600 with terms of 2/10, n/60, f.o.b. shipping point. an invoice totaling $91, terms n/30, was received by chester on june 8 from john booth transport service for the freight cost. on june 12, the company received a check for the balance due from chester company. prepare journal entries on the teal company books to record all the events noted above under each of the following bases. (1) sales and receivables are entered at gross selling price. (2) sales and receivables are entered at net of cash discounts.