If merchandise is returned to a supplier due to defects:

a. purchase returns and allowances is debited.
b. purchase discounts is debited.
c. purchase discounts is credited.
d. purchase returns and allowances is credited.


d

Business

You might also like to view...

Sexual harassment may include

a. jokes about sex. b. derogatory rumors. c. rude sounds. d. all of these choices.

Business

When using the fundamental accounting equation, an accountant must make sure that total assets are always equal to total liabilities minus owner's equity.

Answer the following statement true (T) or false (F)

Business

Which of the following is NOT part of the failure spectrum?

a. deviance b. inattention c. lack of ability d. certainty

Business

The typical mechanism for evaluation of teams is a(n) ________ administered by a consultant.

Fill in the blank(s) with the appropriate word(s).

Business