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:
Sunday
Step-by-step explanation:
There is holiday after every 4 days
The last holiday was on Friday.
So,
Last holiday - Friday
After 4 days - Tuesday
After 8 days - Saturday
After 12 days - Wednesady
After 16 days - Sunday
After 20 days - Thursday
After 24 days - Monday
After 28 days - Friday
...... ............
After 56 days - Friday
After 60 days - Tuesday
After 64 days - Saturday
After 68 Days - Wednesday
After 72 days - Sunday
12 x 46 = 552
5 x 380 = 1900
552 x 3.44 = 1900
You will need 4 Cases
Answer: transforms
Step-by-step explanation:
So if the number is positive then the opposite is negative, vice versa.
opposite of 4 is -4
opposite of -5 is 5
