subject
Business, 28.06.2019 09:40 kaileasample8259

Stear corp. purchases goods on credit for $2,000. it records this transaction in the journal. it then returns a quarter of these goods to the vendor because they were defective. how will the accountant record the transaction of returning the defective goods in the journal? a. accounts receivable account (debit) 2,000 purchase return account (credit) 2,000 b. purchase return account (debit) 2,000 accounts receivable account (credit) 2,000 c. accounts payable account (debit) 2,000 purchase return account (credit) 2,000 d. purchase return account (debit) 2,000 accounts payable account (credit) 2,000

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:40
Anew equipment has been proposed by engineers to increase the productivity of a certain manual welding operation. the investment cost is $25,000, and the equipment will have a market value of $5,000 at the end of a study period of five years. increased productivity attributable to the equipment will amount to $10,000 per year after operating costs have been subtracted from the revenue generated by the additional production. if marr is 10%, is investing in this equipment feasible? use annual worth method.
Answers: 3
question
Business, 22.06.2019 11:00
You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)
Answers: 3
question
Business, 22.06.2019 11:00
What is the correct percentage of texas teachers charged with ethics violations each year?
Answers: 2
question
Business, 22.06.2019 19:50
Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw $35,000 at the end of each year, starting at the end of this year. he also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. for how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? a. 14.21b. 14.96c. 15.71d. 16.49e. 17.32
Answers: 1
You know the right answer?
Stear corp. purchases goods on credit for $2,000. it records this transaction in the journal. it the...
Questions
question
Mathematics, 12.02.2021 14:00
question
Mathematics, 12.02.2021 14:00
question
English, 12.02.2021 14:00
question
Biology, 12.02.2021 14:00
question
Mathematics, 12.02.2021 14:00
question
Mathematics, 12.02.2021 14:00
question
Mathematics, 12.02.2021 14:00
Questions on the website: 13722367