The perpetual inventory system is an inventory management method that records when stock is sold or received in real-time.
<h3>
How to depict thejournal?</h3>
a. Debit Accounts Receivable 12000
Credit Sales 12000
Debit Cost of Merchandise Sold 6500
Credit Merchandise Inventory 6500
b. Debit Cash 9500
Credit Sales 9500
Debit Cost of Merchandise Sold 5300
Credit Merchandise Inventory 5300
c. Debit Cash 2900
Credit Sales 2900
Debit Cost of Merchandise Sold 1700
Credit Merchandise Inventory 1700
d. Debit Credit Card Expense 385
Credit Cash 385
e. Debit Credit Card Expense 75
Credit Cash 75
Learn more about journal on:
brainly.com/question/14279491
#SPJ1
Answer:x=-1
Step-by-step explanation:
<span>Yes since percents can be decimals and these decimals can be illustrated as fractions hence, vice-versa.
80%= 0.8 = 4/5
A rational number is any number or numerical value which can be possibly stated in a fraction form of numbers, it basically has a numerator and denominator. Furthermore, the values of the numerator and denominator is integers and doesn’t equal to 0. In this given case of 8 over 5 or 8/5 this fractional number can still be expressed in a standard numerical form with a decimal as 1.6 without repeating decimal values. Unlike irrational numbers which is not possible, take for instance 3.1416… and so on which cannot be “fractionized”.<span>
</span></span>
To multiply fractions you multiply the numerator and that becomes the answer to the numerator
And then you do the same for the denominator
Then simplify if you can
Example:
2/5 * 3/6 = 6/30 = 1/5