Answer:
c. a debit to Inventory for $10,000
Explanation:
Whenever goods are purchased on a discount to be received on payment basis, the inventory is first recorded at cost.
Also as per the general rule, discount is a kind of income, and incomes are recorded only when earned, therefore, the cost of inventory shall be reduced by 4% only when the payment is made, therefore the inventory on the date of purchase shall be recorded at $10,000 only and not for $9,600.
Thus, correct option is c
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Answer:</u></h3>
Determining that the study has a maximization of benefits and a minimization of risks is the best example of how the Principle of Beneficence can be applied to a study employing human subjects.
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Explanation:</u></h3>
The principle of beneficence demands that the human subjects have self-determination. Also if some of the human subjects do not have the power to take decisions, the investigators should make sure that the human subjects are not harmed. The researchers should increase the chances of benefits and decrease the amount of risk.
The research studies which include human subjects, even those that have very little risk should not be taken into consideration if it does not create scientifically valid or presents us new facts. It is very confusing for the researchers to determine when the benefits should be taken into consideration because of the risks and benefits should be sought despite the risks.
Yes this statement is true.
Explanation:
The sale of banana will add the twice contribution in the GDP as because the price is double and the sell of every single unit in the market in comparison of apple is able to add more currency in the economy than a sell of every single unit of apple.
The higher price may affect the sale as people will move to the other alternative but how much sell of banana will take place will able to add more money in the market as compared to apple.