Answer:
The answers are:
- Cr Accounts receivable $4,000
- Dr $3,332 Cash
- Dr $68 Sales discount
- Dr $600 returned merchandise (damaged)
Explanation:
The credit terms of 2/10, n/30 means that if Hannah Company pays within ten days, they will get a 2% discount, or they have thirty days to pay the full receipt.
Hannah's check should be for:
($4,000 - $600) x 0.98% = $3,400 x 0.98% = $3,332
Arter Company should record the following entries:
Cr Accounts receivable $4,000
Dr $3,332 Cash
Dr $68 Sales discount
Dr $600 returned merchandise (damaged)
It could be slavery or a Volunteer, it depends if it is willingly. I am pretty sure it is volunteer.
Answer: The employee reporting the unethical behavior can do so anonymously.
Explanation:
Richard can make use of the anonymous user account to report his supervisor's unethical behavior, that way the company can be made aware of the supervisor's wrong behavior and Richard's identity would be kept safe that way he doesn't loss his job.
