The revenue journal for sapling consulting inc. follows. the accounts receivable controlling account has a july 1, 20y2, balance of $695 consisting of an amount due from aladdin co. there were no collections during july. revenue journal page 12 date invoice no. account debited post. ref. accounts rec. dr. fees earned cr. 20y2 july 4 355 clearmark co. 1,690 july 9 356 life star inc. 2,785 july 18 357 aladdin co. 1,285 july 22 359 clearmark co. 2,285 july 31 8,045 the t accounts for the accounts receivable customer accounts are set up below.

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

Under t, the point (0,2) gets mapped to (3,0). t-1 (x,y) →

Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?