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77julia77 [94]
3 years ago
9

In a perpetual inventory system, the amount of the discount allowed for paying for merchandise purchased within the discount per

iod is credited to Inventory. Purchase Discounts. Purchase Allowance. Sales Discounts.
Business
1 answer:
slamgirl [31]3 years ago
4 0

Answer:

Purchase Discounts

Explanation:

When the the payment is made within the discount period the entries will include a debit of Account Payable, a credit of Cash and another credit to Purchase Discount.

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Online business and shopping is in vogue. It has facilitated the purchase of books, electronics, and most anything available at
babunello [35]

Answer:

i have no clue sorry

Explanation:

8 0
3 years ago
DW has an ending Retained Earnings balance of $51,600. If during the year DW paid dividends of $4,100 and had net income of $21,
VikaD [51]

Answer:

$34,600

Explanation:

The computation of beginning retained earnings balance is seen below:

But we know that;

Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid

$51,600 = Beginning retained earnings + $21,100 - $4,100

Beginning retained earnings = $51,600 - $21,100 + $4,100

Beginning retained earnings = $34,600

4 0
3 years ago
The sides of a triangle measure 4, 6, and 7. If the shortest side of a similar triangle is 12, what is the perimeter of the larg
kogti [31]

Answer:

51

Explanation:

12 divided by 4 is 3 so we'll multiply all of the smaller triangle by 3.

4 x 3 = 12

6 x 3 = 18

7 x 3 = 21

12 + 18 + 21 = 51

7 0
3 years ago
Inventory is an _____ . asset expense none of the above
Natalka [10]

Answer:

Inventory is an Asset.

Explanation:

Inventory is an asset because when a company buys an asset, they are investing in it, because they will sell it and make revenue/profit from it.

8 0
3 years ago
During sales at her accessories store, Manila likes to display large signs in the store window to attract customers. She also pu
Bess [88]

Answer: The use of promotional signage

Explanation:

A promotional signage is a method of advertisement where special offers are displayed at strategic points by a business to the public to attract customers to patronize the business. Manila in her is making use of promotional signage to draw the attention of potential buyers to her store.

4 0
3 years ago
Read 2 more answers
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