Using a perpetual inventory system, the entry to record the return from a customer of merchandise sold on account includes a
a. debit to cash
b. credit to customer refunds payable
c. debit to merchandise inventory
d. credit to merchandise inventory

C

Explanation:

Inventory falls within the definition of assets and all assets are increased with debits and decreased with credits. With a perpetual inventory system, all inventory purchases are debited to the merchandised inventory account and when the goods are sold, the merchandised inventory account will be credited with the cost price. As soon as merchandise are returned, the inventory will increase again. To give a practical example when a store has two items of a specific shirt; if a customer returns another one that was bought yesterday, the store will now have three of the shirts on hand. Thus a return of merchandise previously sold, will result in a debit to merchandise inventory.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; /// egg production using the factory technique falls less than with the free range technique;