Answer:
$6,076
Explanation:
the journal entries are:
May 5, merchandise purchased on account
Dr Purchases 90,160
Cr Accounts payable 90,1600
May ?, defective merchandise returned
Dr Accounts payable 6,076
Cr Purchases returns 6,076
When a company uses the periodic inventory system, it will use the purchases returns account to record any merchandise returns. When it uses a perpetual system, the merchandise inventory account is directly debited (when a purchase is made) or credited (when merchandise is returned).
I believe the answer is: Prepare documents to present in court as evidence.
Fraud examiners refer to the people whose main duty is to conduct a through investigation regarding dishonest practice that conducted by a certain organizaion. Preparing documents to be presented in court is part of their final task after various data/evidence regarding the fraud has been gathered.
The correct answer should be d. Identify the problem.
Answer:
Suave is most likely using<u> below-market pricing</u> or<u> the penetration pricing strategy.</u>
Explanation:
Penetration pricing is one of the pricing strategies used by the companies. In this strategy, the company gains the customer's attention and market shares by offering their products at low price. This increases the demand of the product or service in the future. This strategy involves below-market pricing to sell the products.