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alina1380 [7]
2 years ago
7

Memorex Disks sells computer disk drives with right-of-return privileges. Returns are material and reasonably predictable. Memor

ex should:________
i. Debit sales returns in the period of the return.
ii. Debit sales in the period of the return.
iii. Not record sales until the right to return has expired.
iv. Record a refund liability in the year of the sale.
Computers and Technology
1 answer:
pychu [463]2 years ago
5 0

Memorex should: iv. record a refund liability in the year of the sale.

<h3>What is a right-of-return privilege?</h3>

A right-of-return privilege can be defined as a special right, advantage or entitlement that is accorded to a customer, which avails them an opportunity to return a product they have purchased.

Since Memorex Disks offers its customers right-of-return privileges, it is expected that it should record a refund liability in the year of the sale i.e recording an allowance for sales returns in the year the sale was made.

Read more on right-of-return privilege here: brainly.com/question/17165436

#SPJ1

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Sphinxa [80]

Answer:

Code

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fp=open(fname,encoding='utf-8')

return fp

except FileNotFoundError:

print("File not found! Please Enter correct filename with extension")

return open_file()

def read_file(fp):

fields = []

rows = []

csvreader = list(csv.reader(fp))

# skiped 1 row because it contains field name

fields = csvreader[0]

D1={}

D2={}

D3={}

# accessing the data of csv file

for line in csvreader[1:]:

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else:

year=line[2]

genre = line[3].lower().strip()

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if genre not in D2:

D2[genre]=[]

D2[genre].append((genre, year, na_sales, eur_sales,jpn_sales, other_sales, global_sales))

if publisher not in D3:

D3[publisher]=[]

D3[publisher].append((publisher, name, year, na_sales,eur_sales, jpn_sales, other_sales, global_sales))

# sorting

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ls=sorted(ls,key=lambda x: x[-1]) # sorting values

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D1=temp.copy()

temp={}

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for Keys in sorted (D2) :

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ls=sorted(ls,key=lambda x: x[-1]) # sorting values

temp[Keys]=ls

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temp={}

# sorting keys

for Keys in sorted (D3) :

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temp[Keys]=ls

D3=temp.copy()

return D1,D2,D3

 

def main():

fp=open_file()

D1,D2,D3=read_file(fp)

# displaying the row_count in dictionaries

cnt=0

for d in D1:

cnt+=1

print(cnt)

print("\n\n=============================================\n\n")

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if __name__=="__main__":

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Explanation:

see code and see output attached

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3 years ago
All of the following are benefits of automation except
Tasya [4]

Question 1:

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Question 2:

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6 0
3 years ago
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arlik [135]

Answer:

Option(c) is the correct answer for the given question.

Explanation:

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public class Main

{

int b=90; // class varaible or instance varaible

void sum()

{

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   b=b+10;

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}

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{

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}

}

Output:

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Aleonysh [2.5K]

Answer:

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3 years ago
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Vlada [557]

Answer:

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Explanation:

g00gle

3 0
2 years ago
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