1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VMariaS [17]
2 years ago
13

Galaxy Company sold merchandise costing $1,700 for $2,600 cash. The merchandise was later returned by the customer for a refund.

If the perpetual inventory method is used, what effect will the sales return have on the accounting equation?
a) Total assets and total equity decrease by $900.
b) Total assets decrease by $2,600 and total equity is decreased by $1,700.
c) Total assets and total equity decrease by $2,600.
d) Total assets and total equity increase by $900.
Mathematics
1 answer:
liraira [26]2 years ago
6 0

Answer:

a) Total assets and total equity decrease by $900.

Step-by-step explanation:

The perpetual inventory method records the selling or purchasing of inventory immediately when it occurs and provides high detail.

You might be interested in
A study on the population of wolves is being done in a county to determine how the number of wolves has changed over time. The p
mr_godi [17]

Answer:

<h2>The year is 2010.</h2>

Step-by-step explanation:

The population of wolves is given by P(t) = 80(0.98)t.

The study has began in the year of 2000 and will end in 2020.

The difference between 2000 and 2009 is 9 years and the difference between 2009 and 2020 is 11 years.

Hence, the maximum value of t is 11.

The domain is 0 \leq t \leq 11.

The population will be 80, that is P(t) = 80.

Hence, 0.98t = 1, or, t = \frac{1}{0.98} = \frac{100}{98}  = \frac{50}{49} ≅1.

In (2009 + 1) = 2010, the population of wolves will be 80.

3 0
3 years ago
a garden table and bench cost $738 combined the garden table costs $88 more than the bench what is the cost of the bench
Viefleur [7K]
Hello 

the answer to this is 

650

becomes we subtract 
88 from 738

738-88 and we get 650

so we get 

650
hope this helps 
4 0
3 years ago
Read 2 more answers
World war 1 lasted from August 4th 1914 until November 11th, 1918. During this time an estimated 10 million lives were lost. Abo
Kryger [21]
The question is so dry, mechanical, and devoid of emotion
that it's terrifying.

There is no way to assign a number to "How many people were
dying per day", and I would prefer not even to think about it in
those terms.

-- The period of time from August 4, 1914 until November 11, 1918 is 1,560 days.

-- The "average", or better, the "unit rate" of 10 million events in 1,560 days
is the quotient

                   (10,000,000 events) / (1,560 days) 

               =  6,410.3 events per day

               =     267.1 events per hour

               =       4.45 events per minute.


Reciprocally, this is a unit rate of 

                  13.48 seconds per event,
                  sustained continuously for 4.274 years !

When will we ever learn ! ?
6 0
3 years ago
What is the solution to the system graphed below?
Feliz [49]

Answer:

Option D.

Step-by-step explanation:

We need to find the solution to the system graphed below.

If a system of equation have 2 linear equation then the intersection point of both lines lines is the solution of the system of equations.

In the given graph two straight lines intersect each other at (-1,-1).

Point of intersection = (-1,-1)

So, by using the given graph we can conclude that the solution of given system of equations is (-1,-1).

Therefore, the correct option is D.

8 0
3 years ago
Read 2 more answers
When your income is more than your expenses, you have _____.
blagie [28]
<span>When your income is more than your expenses, y</span>ou have surplus

3 0
3 years ago
Read 2 more answers
Other questions:
  • What is the diameter of the circumference is 29.5?
    7·1 answer
  • Julia earns $9.50 per hour. She worked 30 hours at a regular rate, 10 hours at time and a half, and 5 hours at double time. What
    13·2 answers
  • Can someone help, i think its B but i dont think thats right.
    5·1 answer
  • which of the following is the most reasonable estimate for the number of calories in one serving of milk? in one-half serving of
    14·1 answer
  • Determine,which is the better value 50 envelope for $2.49or 90 envelopes for$5.50
    9·1 answer
  • What's the awnser for this ×+5=-3×+25
    15·2 answers
  • Write the domain and range as inequalities.
    8·1 answer
  • Need help like now plssss
    5·2 answers
  • Use the distributive property to expand the following expression<br><br> (9m-6)7<br><br> please help
    11·2 answers
  • ...............................................................So help.
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!