Answer:An equity interest valued at $5,000 owned by the investigator's spouse in a company that produces products related to the investigator's institutional responsibilities.
Explanation: U.S. public health service is an organization of the United States Government, it employs about 6000 employees as public health professionals whose main aim is to promote public health,carry out activities to prevent diseases and advance public health science and Health assurance. An equity interest valued at $5,000 owned by the investigator's spouse in a company that produces products related to the investigator's institutional responsibilities would be considered as a significant Interest.
They dont see the end benefit
Not 100% on this one
No one is able to get any profit
Explanation:
The journal entry are as follows
On April 20
Sales returns A/c Dr $3,000
To Account receivable A/c $3,000
(Being the sales returned of goods is recorded)
While recording this given transaction, we debited the sales return account and credited the account receivable account so that the proper posting could be done