Answer:
<u>The correct answer is B. Accounts payable for US$ 53.oo</u>
Step-by-step explanation:
1. Let's recall what is the Journal entry when a company return part of the inventory previously purchased:
Debit
The amount Heidi's accessories owed to the supplier would have been sitting as a credit on the accounts payable account because the invoice has not been payed. In the case of this return, we should debit it because we should diminish the amount due.
Credit
The goods Heidi's accessories are returning and therefore, the asset of inventory decreases. The credit to purchase returns reduces the value of the total purchases. That's why options C and D are incorrect.
2. Now, let's calculate the amount of the return that Heidi's accessories made, this way:
Return = Number of necklaces * Price of each necklace + Sales taxes
Replacing with the real values, we have:
Return = 5 * 10 + (5 * 10) * 0.06
Return = 50 + (50) * 0.06
Return = 50 + 3 = 53
<u>The correct answer is B. Accounts payable for US$ 53.oo</u>
Answer:
Step-by-step explanation:
Solve for the value of 
:
-Use <u>Distributive Property</u>:
-Subtract 
to both sides:
-Divide both sides by:
So, the value of is 
.
Answer:
0.76 or 19/25
Step-by-step explanation:
Convert 4/10 so that it has a common denominator with 36/100.
4/10 x 10/10 = 40/100
Now that the denominator is the same, just add the top values.
40/100 + 36/100 = 76/100
We can also simplify the answer to be 19/25 by dividing the top and bottom by 4.
The first one is the best answer
No such thing ,But what you can do is is go on Cymath and it will help you solve it
