Answer:
Dr Accounts Payable 9200 Cr Cash 9016 Cr Inventory 184
Explanation:
The payment terms of 2/10, n/45 mean that if paid within 10 days the company is entitled to a 2% discount. Otherwise full payment is required within 45 days.
Since we're settling the account within 10 days ( 7 days after purchase ) we are entitled to a 2% discount.
Originally the inventory was recorded at 9200 Dr and a Cr to Accounts payable of 9200.
The day the invetory is paid we will record the following (August 10)
Dr Accounts Payable $9200
Cr Cash/Bank $9016
Cr Inventory $184
Since we're using the perpetual inventory system the actual cost of inventory is 9016 and not 9200. Thus inventory is now recorded at 9016. The cast amount is the actual amount used to settle the account after the 2% discount was applied.
Sandy is currently 8 years old.
Start by using x for Sandy's current age and x + 5 for Megan's current age.
Since we know the above, we can find their age's as of 4 years ago as both of those minus 4. So Sandy 4 years ago was x - 4 years old and Megan was x + 1 years old.
Now we can set up an equation that shows that Megan's age 4 years ago was equal to Sandy's age 4 years ago times 3 minus 3.
x + 1 = 3(x - 4) - 3
x + 1 = 3x - 12 - 3
x + 1 = 3x - 15
x + 16 = 3x
16 = 2x
8 = x
Which is Sandy's current age.
Answer:
Why should we simplify expressions in algebra Using race?
Learning how to simplify an expression is the most important step in understanding and mastering algebra. Simplification of expressions is a handy mathematics skill because it allows us to change complex or awkward expressions into simpler and compact forms.
xXxAnimexXx
Have a great day!
Answer:
Debit Petty Cash $250; credit Cash $250
Explanation:
Based on the information given we were told that the Company establishes the amount of $250 as a petty cash fund on September 1 which means that The journal entry to record the establishment of the fund on September 1 is:
Debit Petty Cash $250
Credit Cash $250
Answer:
The first amendment involves the freedom off free scheech and religion. Meaning that a person can not criticize or not display a person's religion based on your own beliefs or beliefs of others.
Explanation:
Reference possibilities could be
1. http:/guides.library.harvard .edu/
2. Your state website ie Maine.gov mass.gov
3. USA.gov is the federal law
4. Loc.gov is the library of congress
5. 6. Supremecourtus.gov and supremecourts
Gov/opinions for us Supreme Court and recent opinions
7. Law.cornell.edu/citation for legal citations for legal arguments if needed as well as taking the citation out of the address bar to use for finding the law online
8. Http.thelawdictionary.org for legal terms or the black law dictionary
Be cautious of commercial websites some that are good and can give information that is not completely accurate.
C1. Findlaw.com
C2. Lexisone.com for federal and state cases and statutes
Both are used for general information.
Good luck.
