Answer:
<u>The correct answer is B. Accounts payable for US$ 53.oo</u>
Step-by-step explanation:
1. Let's recall what is the Journal entry when a company return part of the inventory previously purchased:
Debit
The amount Heidi's accessories owed to the supplier would have been sitting as a credit on the accounts payable account because the invoice has not been payed. In the case of this return, we should debit it because we should diminish the amount due.
Credit
The goods Heidi's accessories are returning and therefore, the asset of inventory decreases. The credit to purchase returns reduces the value of the total purchases. That's why options C and D are incorrect.
2. Now, let's calculate the amount of the return that Heidi's accessories made, this way:
Return = Number of necklaces * Price of each necklace + Sales taxes
Replacing with the real values, we have:
Return = 5 * 10 + (5 * 10) * 0.06
Return = 50 + (50) * 0.06
Return = 50 + 3 = 53
<u>The correct answer is B. Accounts payable for US$ 53.oo</u>
<span>So we need to find the average speed of the bus that travels 20 km in 30 minutes. Average speed is defined as: Average speed=distance travelled/time taken or: v=s/t. We know s=20 km and t=30 minutes=0.5h. So after we input our numbers in the equation, we get: v=20km/0.5h=40km/h. So the correct answer is C) 40km/h.</span>
Answer:
We need to do difference so we can have how many numbers differ between the 2 numbers
Step-by-step explanation:
For example: 5-2=? We want to know what is the difference between the number which is 3 hope I explained it the best I can!!
Answer:
65
Step-by-step explanation:
