E8-8 (Purchases Recorded, Gross Method) Cruise Industries purchased $10,800 of merchandise on
February 1, 2014, subject to a trade discount of 10% and with credit terms of 3/15, n/60. It returned $2,500
(gross price before trade or cash discount) on February 4. The invoice was paid on February 13.

Instructions:

(a) Assuming that Cruise uses the perpetual method for recording merchandise transactions, record
the purchase, return, and payment using the gross method.

(b) Assuming that Cruise uses the periodic method for recording merchandise transactions, record the
purchase, return, and payment using the gross method.

(c) At what amount would the purchase on February 1 be recorded if the net method were used?

answer; /// the best answer to the above question is; the main economic goal that a society consider when deciding the best way to distribute its wealth is equity, this to ensure that all resources are equally distributed; ///(a) (economic equity)

a

explanation:

answer; break-even analysis;

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.