Organic gardens sells organic vegetable, fruit, and flower seeds and seedlings as well as organic bug and weed killers. they give customers a 90-day unconditional right of return if they are not satisfied with any of the products. on april 6, 2017, a customer purchased $1,500 of products (cost $750). based on prior experience, organic gardens expects returns of 20%. which of the following would be included in the journal entries to record the sale and cost of goods sold?
a : debit to cash and a credit to sales revenue of $1,500.
b : credit to cost of goods sold and debit to inventory for $750.
c : credit to refund liability of $300 and a credit to sales revenue of $1,200.
d : credit to estimated inventory returns of $150.

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.

(select all that apply) examples of email use that could be considered unethical include denying receiving an e-mail requesting that you work late forwarding a chain letter asking for donations to a good cause sending a quick message to your friend about last weekend sending your boss the monthly sales figures in an attachment setting up a meeting with your co-worker sharing a funny joke with other employees