On june 15, a food wholesaler sold 100 cases of canned soup to happy foods for $30 per case with terms of 2/10, n/30. on june 17, happy returned 20 cases of damaged inventory (and received full credit), along with a check for the amount due for the purchase.
given this information, the journal entry by happy foods on june 17 will:
a. debit accounts receivable for $3,000.
b. credit cash for $2,940.
c. debit cash for $2,352.
d. credit inventory for $648.

Chester has a credit score of 595 according to the following table his credit rating is considered to be which of these

Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.