Answer:
<u>The correct answer is B. Accounts payable for US$ 53.oo</u>
Step-by-step explanation:
1. Let's recall what is the Journal entry when a company return part of the inventory previously purchased:
Debit
The amount Heidi's accessories owed to the supplier would have been sitting as a credit on the accounts payable account because the invoice has not been payed. In the case of this return, we should debit it because we should diminish the amount due.
Credit
The goods Heidi's accessories are returning and therefore, the asset of inventory decreases. The credit to purchase returns reduces the value of the total purchases. That's why options C and D are incorrect.
2. Now, let's calculate the amount of the return that Heidi's accessories made, this way:
Return = Number of necklaces * Price of each necklace + Sales taxes
Replacing with the real values, we have:
Return = 5 * 10 + (5 * 10) * 0.06
Return = 50 + (50) * 0.06
Return = 50 + 3 = 53
<u>The correct answer is B. Accounts payable for US$ 53.oo</u>
Answer: 36 hotdogs
Step-by-step explanation: You need to find the least common multiple of 9 and 12.
You can check by multiplying 9 and 12 by consecutive whole numbers until you find a number that they match.
Example:
9*1= 9 , 9*2=18, 9*3= 27, 9*4=36, 9*5=45
12*1=12, 12*2=24, 12*3 =36
They both share 36.
The answer is 3/6.
So we know that 2/4 is equivalent to 1/2. 1/2 of 6 is 3. We can make this our numerator and our denominator as 6.
Answer: 13%
Step-by-step explanation:
We know that the formula to find the simple interest :
, where P is the principal amount , r is rate (in decimal )and t is the time period (in years).
Given : Albert borrowed $19,100 for 4 years. The simple interest is $9932.00. Find the rate.
i.e. P = $19,100 and t= 4 years and I = $9932.00
Now, Substitute all the values in the formula , we get
![9932=(19100)r(4)\\\\\Rightarrow\ r=\dfrac{9932}{19100\times4}\\\\\Rightarrow\ r=0.13\ \ \ \text{[On simplifying]}](https://tex.z-dn.net/?f=9932%3D%2819100%29r%284%29%5C%5C%5C%5C%5CRightarrow%5C%20r%3D%5Cdfrac%7B9932%7D%7B19100%5Ctimes4%7D%5C%5C%5C%5C%5CRightarrow%5C%20r%3D0.13%5C%20%5C%20%5C%20%5Ctext%7B%5BOn%20simplifying%5D%7D)
In percent, 
Hence, the rate of interest = 13%
The answer to your question would be A