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Sever21 [200]
3 years ago
14

At the preston company, purchases are recorded at net amounts. on august 5, $40,000 worth of merchandise was purchased on accoun

t for terms of 2/10, n/30 and recorded for $40,000. $3,000 of this merchandise was returned, and the account was credited for $3,000. to reflect the net amount, accounts payable should be adjusted by
Business
1 answer:
Julli [10]3 years ago
8 0
Nekaozizb. A69291984 towiJb f f 18835!5. Wooziness r8289192 01948 02845
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A cash payment received from a customer for a product purchased on account would be recorded as...
photoshop1234 [79]
A cash payment received from a customer for a product purchased on account would be recorded as DEBIT TO CASH AND CREDIT TO ACCOUNT RECEIVABLE.  Cash is debited because cash has been received by the company and it has to be debited to the asset account of cash. The account receivable is credited to record the fact that money has been received. 
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plaintiff was injured when the vehicle which he was operating was rear-ended by an 18-wheeler operated by driver and owned by ow
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7 0
1 year ago
What is one medical use for x-rays​
MakcuM [25]

Answer:

X-rays can be used to see what areas of a bone a broken or injured. It helps understand what parts of the body may have injuries.

Hope this helps.

6 0
3 years ago
U.s lifestyle shifts have expanded which of the following careers
alexdok [17]
US lifestyle shifts have expanded the careers for "daycare providers", since many more women have joined the work force in the past two decades--meaning that they can't be at home with their children. 
6 0
2 years ago
The Jones Company plans to issue preferred stock with a perpetual annual dividend of $5 per share and a par value of $30. If the
Sever21 [200]

Answer:

c) $25

Explanation:

<em>The value of a preferred stock is the present value of the constant dividend payable for the foreseeable future discounted at the required rate of return</em>

Price = Constant dividend/ required return

The constant dividend = Dividend rate × par value

Dividend as be given as $5 per share

requited return - 20%

So the price of the stock would be

Price = 5/0.2

= $25

7 0
2 years ago
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