Find an announcement of new information made within a month from today (i. e., earnings announcement, merger, etc.) for any publicly traded stock that moves the stock price at least 1%. print out or draw a chart that shows at least 2 days before the event and at least one day after.

Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?