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mrs_skeptik [129]
2 years ago
10

Doughton Furniture Company purchased merchandise on credit from Furniture Supply for $8,000. Two days later Doughton returned $2

,000 of the merchandise due to damage. When Doughton pays for the merchandise minus the return, it would record the payment in the:A. Cash receipts journal.B. Cash disbursements journal.C. Purchases journal.D. Accounts Payable controlling account.E. General journal.
Business
1 answer:
sleet_krkn [62]2 years ago
5 0

Answer:

E) General journal

Explanation:

The general journal is used to record all the accounting transactions carried out by a company. If the company uses an accounting tool software or a more complete ERP software, the transaction should be recorded immediately or as soon as possible.

For example, the journal record for this transaction should be:

  • Dr Accounts Payable account 6,000
  • Cr Cash account 6,000

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Answer: equilibrium price = 4

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Q = 58 + 15p - 20pf

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2 years ago
Colorado traffic laws are revised each year by ?
Eduardwww [97]
C colorado general assembly
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John has a faulty HVAC damper in his cooperative apartment. Where should John look to determine if he, or the cooperative, is re
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Answer:

Cooperative house rules.

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Suppose there are 100 consumers in the computer speaker market, each with an identical demand curve given by Qi = 10 – 0.1P, whe
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Answer:

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Explanation:

Equilibrium is where : Market Quantity Demanded =  Market Quantity Supplied

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