Jack's Online Service on April 30 Has the Following Account

question 10

Multiple Choice

Jack's Online Service on April 30 has the following account balances:
$$\begin{array} {| l | r| } \hline\text { Sales } & \$ 25,000 \\\hline \text { Sales Returns and Allowances } & 5,000 \\\hline \text { Purchases } & 20,000 \\\hline \text { Freight-In } & 1,000 \\\hline \text { Purchases Returns and Allow. } & 2,000 \\\hline \text { Purchases Discounts } & ? ? ? \\\hline\end{array}$$
If net purchases for the period are $15,000,what is the amount in the Purchases Discounts account?

• A)$3,000
• B)$4,000
• C)$2,000
• D)$1,000

Analyze the impact of alcohol use on health and longevity.

Comprehend the effect of lifestyle factors, including diet and exercise, on chronic conditions like diabetes and obesity.

Understand the relationship between socio-economic status (SES) and health outcomes.

Grasp the fundamental concepts and types of intelligence, including g, fluid, and crystallized intelligence.

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Definitions:

Capacity

The legal ability or competency of an individual or entity to enter into binding contracts, including being of legal age and sound mind.

Delegable Obligations

Responsibilities or duties that can be transferred from one party to another, typically within a contract or legal agreement.

Authorized Agent

an individual or entity that has been legally empowered to act on behalf of another person or entity in business transactions or legal matters.

Express Authority

Power granted to an agent by explicit instructions from the principal, either verbally or in writing, defining the agent's tasks or limits.