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>
Answer: 7.5 cups of sugar.
Step-by-step explanation:
Add all of the above:
2+1.5+0.5+3+1.5= <u>8.5 cups of sugar</u>
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Since Zach only needs 1 cup of sugar, subtract 1 from 8.5.
Therefore, your answer is <u>7.5 cups of sugar.</u>
Answer: $1117.42
Step-by-step explanation:
Given: The amount predicted by Economist =$1180
Let x be the amount spent by Americans on Summer vacation in 2014.
Therefore, According to the question, we have
5.6% of x+x=1180
Hence, the amount spent by Americans on Summer vacation in 2014 = $1117.42
Answer:
70%
Step-by-step explanation:
To find the total percentage of his $60 dollars that he spent on fruit, we simply take the amount of money spent on fruit divided by the total spent.
% spent on fruit = 42 / 60
% spent on fruit = 0.7
% spent on fruit = 70 %
Cheers.
Answer: -105
Step-by-step explanation:
:)
