Rae Company Uses a Perpetual Inventory System and Made a Purchase

question 37

Short Answer

Rae Company uses a perpetual inventory system and made a purchase of merchandise on credit from Tyree Corporation on August 3, for $9,000, terms 2/10, n/45. On August 10, Rae makes the appropriate payment to Tyree. The entry on August 10 for Rae Company is a. $\begin{array}{lr}\text {Accounts Payable }\quad\quad\quad\quad\quad\quad\quad&9,000\\\text {Cash }&&9,000\\\end{array}$

b. $\begin{array}{lr}\text { Accounts Payable.}\quad\quad\quad\quad\quad\quad\quad&8,820\\\text {Cash }&&8,820\\\end{array}$

c. $\begin{array}{lr}\text {Accounts Payable. }&9,000\\\text { Purchase Returns and Allowances }&&180\\\text {Cash }&&8,820\\\end{array}$

d. $\begin{array}{lr}\text {Accounts Payable. }\quad\quad\quad\quad\quad\quad\quad&9,000\\\text {Inventory }&&180\\\text {Cash }&&8,820\\\end{array}$

Analyze the effectiveness of therapy and factors contributing to its success.

Understand the policy and impact of deinstitutionalization on mental health care.

Evaluate the challenges and criticisms of current mental health care practices and policies.

Recognize the importance of psychotherapy and its comparative effectiveness.

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