Answer:
Debit Accounts Payable, and Credit Purchase Returns and Allowances
Explanation:
The adjusting entry is shown below:
Account Payable A/c Dr
To Purchase Returns and Allowances
(Being return of goods is recorded)
Since the goods are purchased on credit, and due to some issues the goods are returned So, the account payable account should be debited and the purchase return and allowances should be credited.
Identification
Incorporation document
Memorandum of Incorporation
Answer:
D: Equity financing
Explanation:
Equity is ownership in the business - equity financing means giving up ownership in order to secure financing.
Contact lists contain more information about a person than an address book. A contact list is a collection of screen names in an instant messaging or e-mail program or online game or mobile phone. a address book is a book for recording the names, addresses, and telephone numbers of friends, businesses.
I thought it would be B. Because if she is doing audit and knows someone in the company that is helping with the audit, she is NOT legally able to do the audit! That is what I learned in accounting anyway. I am not sure though just an input.I would pick B.
