Answer:
Buyer perspective:
Inventory 4700 debit
Accounts Payable 4700 credit
--to record purchase--
Accounts Payable 1600 debit
Inventory 1600 credit
--to record returned goods--
Accounts Payable 3100 debit
Inventory 31 credit
Cash 3069 credit
--to record payment within discount--
Explanation:
The freights are being paid by the seller as the FOB shipping point the goods are in their possesion until arrive at destination thus, it should assume the trasnportation cost
Account balance:
4700 invoice - 1600 return = 3,100
discount 1% of the balance: 31
cash outlay considering the discount
3,100 - 31 = 3,069
Answer:
c. be visually confusing or distracting
Explanation:
"Too many"=Negative
Answer:
fixed overhead is accounted for
Explanation:
The difference between reported net income on variable costing and absorption costing income statements is based on how:fixed overhead is accounted for
Answer:
C) the demand curve for a college education has shifted rightward
Explanation:
If college enrollment has also increased, it means the demand for college education has increased. The demand curve for a college education has shifted rightward.
I hope my answer helps you
Answer:
This proposal will not work.
Explanation:
All taxes work the same way, it doesn't matter if they are payroll taxes or taxes on goods or services. In this case, labor is the service provided by the employees (suppliers) and the employer is the consumer. A tax increase will reduce the demand for labor, and therefore the equilibrium price of labor (wage) will also decrease. If wages decreases, then workers are not going to be better off, on the contrary they will be worse off. This tax increase will lower both the wage and the employment level.
