Journalize the following transaction for a merchandiser that uses the perpetual inventory system
Received returned goods from a customer, $1,000 (cost, $740 ).
What will be an ideal response
Sales Returns and Allowances 1,000
Accounts Receivable 1,000
Merchandise Inventory 740
Cost of Goods Sold 740
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When a member of the Georgia Rea Estate Commission vacates before the full term is served, the member is succeeded by a properly appointed person who shall serve for:
A. A period to time determined solely by a vote of the Georgia Real Estate Commission that is based upon when the vacancy occurred. B. Less than the unexpired term of the member creating the vacancy. C. The unexpired term of the member creating the vacancy. D. Five years, because all successors are appointed for this term.
Personal selling is crucial in business-to-business marketing, especially when the deal involves intense price negotiations
Indicate whether the statement is true or false