On October 5, Iverson Company buys merchandise on account from Lasse Company. The selling price of the goods is $5,000, and the cost to Lease Company is $3,000. On October 8, Iverson returns defective goods with a selling price of $640 and a scrap value of $240. Use a tabular summary to record the transactions for Iverson Company using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses.

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.

answer; common market;