82. Which of the following balance sheet items is least likely to be associated with the acquisition/ payment process? A. Cash B. Accounts payable C. Raw materials Treasury stock acquisition/ payment process includes all of the following steps except: A. Authorize a purchase. Prepare adjusting journal entries. C. Receive goods and services D. Disburse cash. inventory from RSR Corporation on account, $1,000. BSP also paid $100 rse RSR for its payment to the common carrier that transported the merchandise. If 34. BSP Corporation purchased freight to reimbu RSR offered credit terms of 2/ 10, n/30 and 8SP paid within the discount period, the total cash disbursed to RSR was: B. $1,078. C. $980 D. Some other amount. 35. One output of the accounting information system is the balance sheet. Transactions c ommonly associated with an organization's acquisition/ payment process are most likely to be reflected in which sections of balance sheet? A) Current assets and current liabilities B. Current assets and long-term liabilities C. Long-term assets and current liabilities D. Long term assets and long-term liabilities