A company using the perpetual inventory system purchased inventory worth $500,000 on account with credit terms of 3/15, n/45. Defective inventory of $50,000 was returned 3 days later, and the accounts were appropriately adjusted. If the company paid the invoice 3 days later, the journal entry to record the payment would be .

Which of the following would be considered a nec code violation in regards to the installation of luminaires? a. an outdoor lighting fixture mounted to a tree b. a five-pound, 12-inch diameter light fixture supported by the screw shell of the lampholder c. florescent lay-in fixtures attached to the framing sections of a suspended ceiling with sheet-metal screws d. track lighting over a sink, 2 feet from a bathtub