account for its merchandise. On May 1‚ it returned $50 of merchandise due to a defect. Assuming that the purchase was originally bought on credit‚ demonstrate the required journal entry. -Account Payable DR: 50 -Merchandise inventory CR: 50 On June 5‚ X-mart purchased $400 of merchandise with terms of 2/10‚ n/30. If payment is made on June 11‚ calculate the purchase discount that may be taken by X-mart. 400*.02=$8 FOB destination: The seller is responsible for the shipping costs of merchandise sold
Premium Revenue Generally Accepted Accounting Principles Inventory
A) it typically focuses on a single subject area or line of business. B) all of the information belongs to a single company. C) it uses a Web interface. D) all the information is historical. 5) Which of the following is not a characteristic of packet switching? 5) __D____ A) Packets travel independently of each other. B) Packets are routed through many different paths. C) Packets include data for checking transmission errors. D) Packet switching requires
Premium Client-server Server Computer network
CHAPTER 10: RACE AND ETHNICITY Key 1. A social category of people who share a common culture‚ language‚ national background or religion is referred to as a(n) _____. A. minority group B. dominant group C. racial group D. ethnic group 2. In order for a group to be considered an ethnic group they must A. look different than the members of other ethnic groups. B. speak the same language as other members of the group. C. share an identity they see as different from that of others on society. D
Premium Race Racism United States
Chapter 5 Outline The Triumph of the British Empire A fragile peace King George’s War failed to establish either Britain or France as the dominant power in North America‚ and each side soon began preparations for another war. The Ohio valley became the tinderbox for conflict. It was the subject of competing claims by Virginia‚ Pennsylvania‚ France‚ and the Six Nations Iroquois‚ as well as by the Native Americans who actually lived there. Seeking to drive traders from the River valley‚ the
Free American Revolution Boston Tea Party Townshend Acts
5-1A. During the year‚ Plum Company has a SUTA tax rate of 4.8%. The taxable payroll for the year for FUTA and SUTA is $123‚400. Compute: a. Net FUTA tax ............................................... $ 987.20 b. Net SUTA tax ............................................... $ 5‚923.20 c. Total unemployment taxes ............................ $ 6‚910.40 5-2A. Peyton Company’s payroll for the year is $737‚910. Of this amount‚ $472‚120 is for wages paid in excess of $7‚000 to each individual
Premium Taxation Taxation in the United States Tax
refers to the pronunciation differences of a standard language‚ a dialect‚ in addition to pronunciation variation‚ has distinctive grammar and vocabulary. Example: The word “y’all” is used in the south‚ almost specifically to that group of people. 5. Nostratic - hypothesized ancestral language of Proto-Indo-European‚ as well as other ancestral language families. Example: The language from which the Proto-Indo-European languages derived. 6. standard language - variant of a language that a country’s
Free English language Language Lingua franca
Professor Angela Chapman Pastor and Lay Counseling Carol Burnett March 30‚ 2013 Jesus and the Disinherited‚ Chapter Two‚ Fear I’ve read a lot of things about “fear.” There’s the fear of failing in the eyes of others‚ the fear of self-failure and God-failure‚ the fear of what other think about me‚ fears of an unknown future‚ and many practical fears about family and friends with their jobs and illnesses and relationships. While the kind of fears I normally deal with are important‚ the kind
Premium Religion Anxiety Islam
1/12/12 Zinn Vs. Schweikart Turmoil that existed in the Americas a.k.a The New World has shaped and influenced much of the development of the world‚ as well as the conquers of the land or the tyrants some called them. Also has changed the history of the down trodden or the conquered. From the American colonies and the revolution. Howard Zinn and Larry Schweikart present different points of views of these subjects‚ but also they present similar views in the same respect. Columbus a hero or
Premium Christopher Columbus Indigenous peoples of the Americas Europe
Howard Zinn expertly states that “anyone reading history should understand from the start that there is no such thing as impartial history.” Zinn conveys that any written historical account indicates a certain lean or definite bias depending on who writes it. I agree with this statement because everyone must know that each and every chronicle of events has been interpreted and altered by the author according to their inclinations. A good instance of this claim is the portrayal of the infamous navigator
Premium United States Indigenous peoples of the Americas Native Americans in the United States
Review questions 1-10 Pages 146-147 1. Describe the three different kinds of material that can erupt from a volcano. Products of eruption come in three forms; lave flow‚ which can be Basaltic‚ Andesitic or Rhyolitic lava. A volcano also erupts pyroclastic debris (when lava flies into the air and freezes) and gases. 2. Contrast a pyroclastic flow with a lahar. Pyroglastic debris are blasting clots of lava‚ and the lahar are like mudslides that can reach up to 50km per hour. When the
Premium Volcano Basalt Magma