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stellarik [79]
4 years ago
9

returned unsatisfactory merchandise to Prestigious Bakery for $5,000 receiving a credit note for these goods.

Business
1 answer:
Rama09 [41]4 years ago
6 0

Answer:

Debit: Accounts Payable  $ 5,000

Credit: Merchandise Inventory  $ 5,000

Explanation:

Credit note:

A credit note is a document issued by the supplier, when:

  • Supplies are returned or found to be deficient by the recipient -
  • When goods supplied are returned by the recipient or goods/services supplied are found to be deficient by the recipient, the supplier should issue a Credit Note.
  • The credit note serves the purpose of reducing the value of the original supply.

Preparing journal entries with respect the given situation.

Debit: Accounts Payable  $ 5,000

Credit: Merchandise Inventory  $ 5,000

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The method which is used to determine an applicant's score which is based on the expert judgement of the manager is clinical prediction.

Given an incomplete sentence related to the method of determining an applicant's score which is based on the expert judgement of the manager.

We are required to fill the blank with appropriate term.

The term which is most suitable for the sentence is clinical prediction.

A clinical prediction rule is basically a combination of clinical findings that have statistically demonstrated meaningful predictability in determining a selected condition or prognosis of a patient who has been provided with a specific treatment. There are specific rules that are used to determine the applicant's score.

Hence the method which is used to determine an applicant's score which is based on the expert judgement of the manager is clinical prediction.

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