Answer:
The journal entry for recording the transaction of transfer is shown below:
Explanation:
The journal entry for recording the transaction of transfer is as follows:
Accounts Payable A/c..............................................Dr $12,000
Purchases Returns and Allowances A/c..................Cr $12,000
Being record the transfer of goods which were purchased earlier
When the purchase was made, this would be passed or recorded as:
Purchase A/c.................................................Dr XXXX
Accounts Payable A/c..............................Cr XXXX
Being purchase recorded
So, when some of the purchase is returned, then the accounts payable account is debited against the account of Purchases Returns and Allowances with the amount of purchase return.
By multiplying the two-week interest rate (0.052) by the number of interest periods in the year (in this case, 52/2, or 26), one can determine the yearly interest rate. The result of multiplying 26 by 0.052 is 1.352, or an annual interest rate of 135.2%.
<h3>What is annual interest?</h3>
The term "annual interest rate" refers to the interest rate that is imposed year-round. Among other time periods, interest rates may be imposed on a monthly, quarterly, or biennial basis. However, interest rates are typically annualized.
For instance, the effective yearly interest rate for a loan with a stated interest rate of 30% and monthly compounding would be 34.48%. Banks often promote the 30% advertised interest rate rather than the 34.48% effective interest rate.
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Answer:
The answer is It lacks value compatibility.
Explanation:
Apparently, the new Honda may be slow to diffuse in the market because It lacks value compatibility.