subject
Business, 25.03.2020 05:47 andrecoral105

A company purchased $11,000 of merchandise on January 5 with terms 3/10, n/30. On January 7, it returned $700 worth of merchandise. On January 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on January 12 is:

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:40
Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes
Answers: 1
question
Business, 22.06.2019 14:40
You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?
Answers: 2
question
Business, 22.06.2019 15:10
Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions
Answers: 3
question
Business, 23.06.2019 08:30
What effect, considered related to the secondary effect of advertisement, occurs as an advertisement begins to lose its impact when it gets old? the makes the advertisement lose its impact after it gets old.
Answers: 1
You know the right answer?
A company purchased $11,000 of merchandise on January 5 with terms 3/10, n/30. On January 7, it retu...
Questions
question
Mathematics, 23.09.2020 16:01
question
French, 23.09.2020 17:01
question
Mathematics, 23.09.2020 17:01
question
Chemistry, 23.09.2020 17:01
question
Chemistry, 23.09.2020 17:01
Questions on the website: 13722361