A company using the perpetual inventory system purchased inventory worth $ 22 comma 000 on account with terms of 2/10, n/30. D
efective inventory of $ 1 comma 000 was returned two days later, and the accounts were appropriately adjusted. If the invoice is paid 10 days after the invoice date, the amount of the purchase discount that would be available to the company is ________
The answer to this question is Budget Deficit. Budget Deficit
shows that the government spending is exceeding the government revenue in a
year. In order to resolve the problem in budget deficit the government should
cut the expenditures or the government spending and find a way to increase
revenue of the country.
