Answer:
Debit to Accounts Payable.
Explanation:
Using a perpetual inventory system, the entry to record the return of inventory previously purchased on account includes
Accounts Payable Dr.
Merchandise Inventory Cr.
In the periodic system the temporary Purchase Return and Allowances Accounts accumulates the cost of all returns and allowances during a period.
In periodic system each purchase, purchase returns, discounts, transportation in, transactions are recorded in separate temporary accounts.
Answer:
The answer is B. is designed to match revenues and expenses.
Explanation:
Accrual Accounting method records revenues and expenses when they are incurred, regardless of when cash is received or paid.
A positive incentive measure is an economic measurement that is designed to promote beneficial activities.
The incentive that makes it more profitable to follow a certain course of action is a positive incentive.
<h3 /><h3>What is a positive incentive? </h3>
A positive incentive defines as a measure is an economic, legal institutional activity that is projected to boost beneficial activities. A positive incentive is a measurement that helps to follow a certain course of action.
It is also defined as the business rewards for producing particular choices or taking definite actions.
<u>Example:</u>
Incentive costs for organic farming, agricultural land set-aside strategies, as well as public or grant-aided land purchases or improvement advantages.
Therefore, the positive incentive makes it more profitable to follow a definite course of action.
Learn more about the positive incentive, refer to:
brainly.com/question/15103242
<span>This illegal process is known as churning. By making trades over and over again, the stockbroker is receiving more commissions from all the trades, hurting the client. Churning can be thought of as continually turning over the contents of a portfolio.</span>
