Hiring an employee with skills that you don't possess is a good idea

Tyler Company purchased merchandise in the amount of $4,800 from Sam's Store, with credit terms of 1/10, n/45 on October 1. Tyler uses the perpetual inventory system. On October 4, Tyler returns some of the merchandise, which were not defective, and receieved a credit memorandum for $1,500. The journal entry that Tyler makes on October 8, while paying the invoice will include:

A) Debit to Accounts Payable for $4,800 B) Credit to Merchandise Inventory $33 C) Credit Merchandise Inventory $1,500 D) Credit to Sales Returns and Allowances for $1,500 E) Credit to Cash $4,752

Which of the following is a potential drawback of regional economic integration?

A) ethnocentricity B) trade diversion C) economic nationalism D) protectionism