Business, 09.10.2021 14:00 ineedtopeebeforethec
The Stationery Company purchased merchandise on account from a supplier for $13,000, terms 1/10, n/30. The Stationery Company returned merchandise with an invoice amount of $1,600 and received full credit. a. If The Stationery Company pays the invoice within the discount period, what is the amount of cash required for the payment? $fill in the blank 1 b. Under a perpetual inventory system, what account is credited by The Stationery Company to record the return?
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Business, 21.06.2019 15:10, toricepeda82
In which of the following situations would the price of a good be most likely to increase? a. a breakthrough in productive technology enables a company to increase its output. b. an increase in production costs results from a rise in wages. c. there's a sudden increase in the number of companies competing to sell the good. d. a drop in demand happens too quickly for producers to decrease production to keep up.
Answers: 1
The Stationery Company purchased merchandise on account from a supplier for $13,000, terms 1/10, n/3...
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