D - a large airlines work together to set high prices and eliminate
Answer:
False
Explanation:
Because the injunction is the legal remedy that the special court's judge orders not the jury. The order enforce a party to do what must be done or refrains it from doing specific acts that harms the other party. So saying that Doorway sought the court injunction in which the jury decides the right course of action is incorrect because injunction is the warning of judge not of jury.
Answer:
A) Debit cash, credit accounts receivable
Explanation:
As the statement said, Zoono electronics made a payment which means they are debiting cash amount of $3,500 to imperial distributor who is a supplier. So the best statement that best describes the recording of this financial transaction by imperial distributor is their account receivable has been credited and cash is debited. All the other options are wrong except this.
Answer:
b. $8,140
Explanation:
The computation is shown below:
= Merchandise amount - return and allowances - discount + freight charges
= $10,000 - $2,000 - $160 + $300
= $8,140
The discount = (Merchandise amount - return and allowances) × discount rate
= ($10,000 - $2,000) × 2%
= $160
Simply we deduct the returned inventory and discount expense and added the freight charges to the merchandise amount