Answer:
Credit to merchandise inventory $800
Explanation:
Based on the information given we were told that the amount of $800 of the merchandise was returned to the seller which means that the journal entry for September 10, 2009 will include a Credit to merchandise inventory for the amount of $800.
Credit to merchandise inventory $800
Answer and Explanation:
The Journal entry is shown below:-
Accounts payable Dr, $2,800 ($3,500 - $700)
To Merchandise inventory $84 ($2,800 × 0.03)
To Cash $2,716 ($2,800 × (1 - 0.03)
(being the payment is recorded)
Here we debited the accounts payable as it decreased the liabilities and we credited the merchandise inventory and cash as it also decline the assets
Answer:
Planning Phase
Explanation:
Strategic marketing process deals with planning to develop and to implement operations so as to attain a competitive edge in the market over competitors.
The aspect of strategic management process that deals with conducting SWOT analysis is the planning phase it is the first phase and a very important phase in strategic marketing. It is the phase that assess the strength of the organisation, its weakness, its opportunity as well as the threat that it might face when trying to achieve its goals. This process requires an organisation to conduct a SWOT analysis, set marketing goals, determine how to manage the four p's among other things.
Answer:
If Ricardian neutrality holds true, after this change in the government's budget, private savings will equal 40.
Explanation:
S - I = X - M, where
S = Sp + Sg, where
Sp: private saving
Sg: Public saving = T - G
Sp + T - G - I = X - M
or,
Sp - I = (G - T) - (M - X) = Budget deficit - Trade deficit
Initially,
65 - 30 = 90 - 100 = - 10
When budget deficit falls to 50,
Sp - 90 = 50 - 100
Sp = - 50 + 90 = 40
Therefore, If Ricardian neutrality holds true, after this change in the government's budget, private savings will equal 40.