Question 1, S2-1 (book/static)
HW Score: 0.91%, 1 of 110 points
Points: 0 of 10
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Mathematics, 06.09.2021 02:30 burners
Question 1, S2-1 (book/static)
HW Score: 0.91%, 1 of 110 points
Points: 0 of 10
For each of the following items, indicate whether that item would be considered to be a transaction at Gerbig Pet Grooming Corporation.
Item
Transaction?
a.
A customer, Layne Gracen, gives Gerbig a check for $620 to prepay for her dog's grooming appointments for the upcoming year.
b.
Gerbig pays $310 for last month's electric bill.
c.
Gerbig selects a new supplier for its shampoos and conditioners.
d.
The controller for Gerbig pays the bill for a catered lunch at its annual training event for employees.
e.
Gerbig files its articles of incorporation with the state.
f.
Gerbig acquires a new stainless steel tub by signing a note payable with PetStar, a supplier of pet grooming supplies and products.
g.
Maggie Cramer, a customer, signs a contract for next year's dog grooming with Gerbig.
h.
Gerbig pays its employees an annual bonus on December 3
Answers: 2
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