Journalize the following merchandise transactions. Mar.
1 Sold merchandise on account, $75,650 with terms 2/10, n/30. The cost of the merchandise sold was $44,450.
9 Received payment less the discount.
13 Issued a $2,700 credit memo for damaged merchandise. The customer agreed to keep the merchandise.

Explain how can you avoid conflict by adjusting

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,000 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,000 from hopkins. on july 10, the entry or entries gideon makes to record the recovery of the bad debt is