Business, 22.04.2020 04:04 Kelseygrace8372
A company that uses a perpetual inventory system purchased inventory on account and later returned goods worth $500 to the vendor. Which of the following would be the correct journal entry to record these returns?
A) Debit Purchase Returns $500; credit Accounts Payable $500B) Debit Accounts Payable $500; credit Merchandise Inventory $500C) Debit Merchandise Inventory $500; credit Accounts Payable $500D) Debit Accounts Payable $500; credit Purchase Returns $500
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Goods and services that can be used for the same purpose are and goods and services that are used together are
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Business, 22.06.2019 08:50
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.
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Business, 22.06.2019 18:00
*will mark brainliest! * when a company spends resources (labor, money) to give customers "free" items, those costs are called a. investment costs b. economic costs c. scarcity costs d. opportunity costs answer asap!
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During the current year, luis university received a $50,000 gift from an alumna who specified that it must be used to pay travel costs for faculty to attend health care conferences in foreign countries. during the year the university spent $8,000 to support travel to a health care conference in italy. the $8,000 disbursement will cause a net decrease in which class of net assets?
Answers: 1
A company that uses a perpetual inventory system purchased inventory on account and later returned g...
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