I would say C is the answer bc that’s would i would do in that situation.
Answer:
checking account
Explanation:
because before you spend that money, it goes into your checking account and then after that you can do whatever you what with that money
Use things such as
The bus
Public parks
Public skate parks
Dog parks
Train station
Public hospital etc
Answer:
Part A. $8514
Part B. Purchase Return
Explanation:
Part A. The cash required to payment is the inventory purchases after the sales return. And here the inventory purchases after purchase return are:
Purchases after purchase return = $9,900 - $1,300 = $8600
Now the discount available is 1%
So this implies:
Cash required = $8600 * (100-1)% = $8,514
Part B. Now the double entry under perpetual inventory system would be:
Dr Accounts Payables $86
Cr Purchase Return $86
Answer: c
As store shrinkage is the loss of inventory that can be attributed to factors such as employee theft, shoplifting, administrative error, vendor fraud, damage, and cashier error, Karan would have to make sure there is enough products and keep track of the sales/stocks. Thus, I believe that it would be c, so Karan can keep track of the monthly sales. Feel free to let me know if I'm wrong!