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Consider the following stuations and determine (1) which trpe of liability should be recognised (specific account), anid (2) hon much should be recognized in the

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Consider the following stuations and determine (1) which trpe of liability should be recognised (specific account), anid (2) hon much should be recognized in the cuireitiethod (year). A. A buriness sets up a line of credi with a supplier. The company purchases $13,000 worth of equipment on credit. Termins of purchase are 5/10, n/30. B. A cospomer purchases a watenng hose for $30. The sales tax rate is 6%. Round your answer to two decinal places. C. Customers psy in advance for soason tackers to a socer game, There are 16 customeri, cach paying $2 ato per season bcketi Each cuttorier purchased two season tickets. D. A compen isues 2,100 shares of its common stock with a price ser shase of $20

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