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aliina [53]
3 years ago
7

When merchandise purchased on account is returned under the perpetual inventory system, the buyer would debit a. Inventory b. Pu

rchases Returns and Allowances c. Accounts Receivable d. Accounts Payable
Business
1 answer:
Keith_Richards [23]3 years ago
4 0

Answer:

Accounts payable

Explanation:

In accounting, the term accounts payable refers to the money that is owed by a business to its suppliers, in other words, it refers to the business' short-term debts.

When merchandise is purchased on account and it is returned under the perpetual inventory system, the buyer would then debit accounts payable since it is money that the company would owe to the buyer.

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Jack works on the production line at an assembly plant. Jack receives a base salary plus $1.25 per unit assembled. This is an ex
Vanyuwa [196]

Answer:

The correct word for the blank space is: mixed.

Explanation:

Mixed costs or semi-variable costs are the results of adding fixed costs (those that do not change) to a variable cost (vary in proportion to the level of activity). Different levels of production in a company determine how much the mixed cost will be.

Thus, <em>in Jack's case, his salary is the fixed costs and the $1.25 per unit assembled is the variable cost.</em>

7 0
3 years ago
Shoprite environmental impact on people
Dennis_Churaev [7]

ShopRite impacts the environment by reducing harm to the environment and creating job in the recycling sector.

<h3>What is an environment?</h3>

It should be noted that an environment simply means the surrounding where an organism lives.

At ShopRite, plastics wastes that are generated are recycled into carrier bags. This helps in reducing harm to the environment.

Learn more about environment on:

brainly.com/question/17413226

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4 0
2 years ago
A country has reached a level of economic development where the manufacturing of both semidurable and nondurable consumer goods
liubo4ka [24]

Answer: Takeoff stage

Explanation: In Rostow's five-stage model of economic growth  states various factors of the required economic condition necessary for that  country to develop. One such stage is the takeoff stage. i.e.

Take-off stage states  

(a)In this particular period Urbanization will increases.

(b)Industrialization proceeds as technological progress will take place.

(c) Secondary sector expands .

It should be also duly noted that during this stage,Textiles and apparel are usually the first "take-off" industry .

<u><em>Hence, a country  where the manufacturing of both semi durable and non durable consumer goods has just begun. Also, the goods demanded relate to equipment and supplies to support manufacturing has reached the takeoff stage in Rostow's five stage model of economic growth.</em></u>

5 0
3 years ago
When does accrual basis accounting record a transaction?
serg [7]
When does accrual basis accounting record a transaction? When under new ownership.
5 0
4 years ago
Read 2 more answers
onceptual Connection: For each situation, identify the possible root cause(s) of the activity cost (such as plant layout, proces
Minchanka [31]

Answer:

Explanation:

For each situation, identify the possible root cause or causes of activity cost, among these:

1. Plant Layout

2. Process design

3. Product design

(A) PROCESS DESIGN

The design of the process of production is the root cause of activity cost here. From the rates given, it's clear that the manual method of production costs more time and money than the mechanical production method.

A minor cause of activity cost here is the PRODUCT DESIGN; the cost of which varies with the use of labour and the use of machine.

(B) PRODUCT DESIGN

Change in design of the gear (removal of some component parts) reduces set up time and cost.

(C) PLANT LAYOUT

Redesign of manufacturing plant saves the time and cost of moves.

3 0
3 years ago
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