1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jasenka [17]
3 years ago
12

If merchandise was returned under the periodic inventory method, this will be recorded with a A. debit to Accounts Payable and a

credit to Purchases Returns and Allowances. B. debit to Merchandise Inventory and a credit to Purchases. C. credit to Accounts Payable and a debit to Merchandise Inventory. D. debit to Accounts Payable and a credit to Merchandise Inventory.
Business
2 answers:
andrew11 [14]3 years ago
4 0
The answer to your question is letter A. Debit to Accounts Payable and a Credit to Purchases Returns and Allowances. 
Nonamiya [84]3 years ago
3 0
The answer would be a.
You might be interested in
Chicago Company has a subsidiary in Germany where it generates large profits. The subsidiary remits most of its earnings to the
matrenka [14]

Answer:instructing the German subsidiary to borrow euros from a bank in Germany

Explanation:A company may organize subsidiaries to keep its brand identities separate. This allows each brand to maintain its established goodwill with customers and vendor relationships. Subsidiaries can also help you position part of your business as an alternative to the parent company at a different price point.

The Chicago Company will instruct the German subsidiary to lend Euro from bank in Germany.

6 0
3 years ago
Read 2 more answers
Which 3 data points can be imported into the app transactions tab in quickbooks online?.
Dmitry [639]

Answer: Description, Date, and Amount. 

5 0
1 year ago
Many people have argued that an income tax should be​ "marriage neutral," that​ is, two people should pay the same total tax whe
worty [1.4K]

Answer:

Ben would pay more in taxes.

Explanation:

A progressive income tax increases the tax rate as the taxpayer earns more money.

In this case, Ben would be taxed as earnings $60,000 which is probably a much higher tax rate than the applicable one for $30,000. If we use the current tax brackets for 2020, Ben would fall under the 22% tax bracket while both Cathy and Dylan would fall under the 12% tax bracket. Obviously Ben would pay much more in taxes.

7 0
3 years ago
Imagine that you are a pecan farmer in Georgia. If the same trends hold true for nut production as maple syrup production, where
Dimas [21]

Answer:

You be looking to relocate your business to Delaware

Explanation:

Delaware is one of the 50 states of the United States, in the Mid Atlantic region. The weather condition in Delaware is very conducive in growing a maple tree.

8 0
2 years ago
you are considering investing in general motors (GM). which of the following is an example of diversifable risk? a. risk resulti
Maru [420]

Answer:

d. risk resulting from an expected automobile industry shock g

Explanation:

Non systemic risk are risks that can be diversified away. they are also called company specific risk or industry specific risk . Examples of this type of risk is a manager engaging in fraudulent activities and risk resulting from an expected automobile industry shock

Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors

7 0
2 years ago
Other questions:
  • The annual statements that have to be submitted at the end of each financial year must contain an overview of the internal audit
    10·2 answers
  • Without taxes, the market price per bag of apples is $5. with a $2 tax per bag of apples, buyers now pay $5.75 per bag. what is
    5·1 answer
  • From a customer service perspective, one of the four important characteristics for global market and strategy is technology comp
    8·1 answer
  • For use in a linear regression model, categorize which of the following variables should be represented as dummy variables and w
    15·1 answer
  • The new classical critique of activist fiscal policy is theoretically different from the crowding-out critique. Crowding-out occ
    6·1 answer
  • Delia files a suit against Eduardo in a Florida state court over the ownership of a boat docked in a Florida harbor. Both Delia
    10·1 answer
  • Use your understanding of the current international business environment to complete the sentence. A result of globalization is
    15·1 answer
  • Unsure with this question . Can someone please help and explain ? Thank you !
    10·1 answer
  • 1)______elimination risks.
    5·1 answer
  • Builder's risk coverage is typically procured by the owner, with protection extended to the contractor and subcontractors. Quest
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!