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LekaFEV [45]
3 years ago
6

Merchandise was returned to a supplier. The goods were previously purchased on account. The goods had not been paid for and ther

e were no discounts. Assuming a periodic system, what journal entry is needed by the purchaser to record the return? Question 3 options: Debit Accounts Payable, and Credit Inventory. Debit Accounts Payable, and Credit Purchase Returns and Allowances. Debit Accounts Payable, and Credit Purchases. Debit Accounts Payable, and Credit Purchase Discounts.
Business
1 answer:
irina [24]3 years ago
5 0

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.

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Which phrase best describes the purpose of a slide master? Check all that apply.
Ksju [112]

Answer: to establish the layout of all slides, or a group of slides, in a presentation.

to determine the theme of all slides, or a group of slides, in a presentation.

to allow users to apply changes in layout or theme to an entire presentation.

Explanation:

It should be noted that the Slide Master refers to the top slide which controls the information regarding the background, fonts, theme, layout, and color of all the slides in Microsoft PowerPoint.

The phrase best describes the purpose of a slide master include:

• to establish the layout of all slides, or a group of slides, in a presentation.

• to determine the theme of all slides, or a group of slides, in a presentation.

• to allow users to apply changes in layout or theme to an entire presentation.

Therefore, the correct options are C, D and F.

8 0
3 years ago
Tim's Tools just issued a dividend of $2.22 per share on its common stock. The company is expected to maintain a constant 2.8 pe
LekaFEV [45]

Answer:

expected return = 12.03%

Explanation:

using the dividends growth model we can calculate the required return

\frac{divends}{return-growth} = Intrinsic \: Value

2.22 x 1.03 = 2.2866

We must remember that the gordel model is used with next year dividends

2.2866(return - 0.023) = 19

2.2866/19      +0.023 = return

return = 12.03%

4 0
2 years ago
Sharon is purchasing a food processor and has done extensive research on all the models available in the market. she is convince
Scrat [10]
Sharon is in the "purchase decision and purchase act" <span>stage of consumer decision process.

</span><span>The buying decision process is the basic leadership process utilized by buyers with respect to advertise exchanges previously, during, and after the buy of a good or administration. It can be viewed as a specific type of a cost– advantage examination within the sight of various options.The five stages of this process includes:

Problem Identification
Information Search
Evaluation of Alternatives
Purchase Decision
Post-purchase Decisions</span>
8 0
3 years ago
When Patrick was talking with his customer about the new accounting system, his customer mentioned that she thought the new syst
Softa [21]

Answer:

E. overcoming reservations

Explanation:

4 0
3 years ago
Marketing traditionally has been divided into a set of four interrelated decisions and consequent actions known as the?
My name is Ann [436]

Marketing traditionally has been divided into a set of four interrelated decisions and consequent actions known as the marketing mix

This is further explained below.

What is the marketing mix?

Generally,  The marketing process has historically been broken down into a series of four choices and subsequent actions that are together referred to as the marketing mix.

In conclusion, The "marketing mix" is a program made for businesses that have traditionally centered around the product, price, put, and promotion. The term "marketing mix" refers to this model.

Read more about the marketing mix

brainly.com/question/13495504

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5 0
1 year ago
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