No because of the first amendment it protects freedom of religion
Answer: D. decrease in equity investment
Explanation:
A decrease in the owner's equity occur when a company loses money during the normal course of the business and when the owners need to move equity into normal business operations.
But in this case under the equity method, dividends declared by a subsidiary are accounted for by the parent when there is decrease in equity investment.
Equity also decreases when an owner withdraws money for personal use.
Answer:
Dr Sale returns and allowance 500
Cr Account receivable 500
Dr Merchandise inventory 350
Cr Cost of goods sold 350
Explanation:
Since we were told that On October 4, Carr made a return of some of the merchandise in which the merchandize selling price was the amount of $500 while the cost of the merchandise returned was the amount of $350. This means that the Journal entry or entries in which Mutch must make on October 4 will be :
Dr Sale returns and allowance 500
Cr Account receivable 500
Dr Merchandise inventory 350
Cr Cost of goods sold 350
Answer:
the only one I can think I office procedure