Mack Industries Uses the Periodic Inventory System

question 4

Multiple Choice

Mack Industries uses the periodic inventory system. What is the entry to record $250 of returned merchandise, with a cost of $100, from customer Jake Sanders?

• A) Debit Sales Returns & Allowances for $250; credit Accounts Receivable for $250; debit Merchandise Inventory for $100; credit Cost of Goods Sold for $100.
• B) Debit Sales Returns & Allowances for $250; credit Accounts Receivable for $250; debit Purchases for $100; credit Purchase Returns & Allowances for $100.
• C) Debit Sales Returns & Allowances for $250; credit Cash for $100; credit Sales for $150.
• D) Debit Sales Returns & Allowances for $250; credit Accounts Receivable for $250.

Explain the process of depolarization, repolarization, and hyperpolarization in action potentials.

Grasp the significance of ion transporters and ion channels in maintaining neuron function.

Distinguish between different stimuli that can activate or inactivate ion channels in neurons.

Understand the structure and function of the neuromuscular junction.

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Definitions:

Intellectual Disabilities

A term describing significantly below-average intellectual functioning and adaptive behavior, manifesting before the age of 18.

Creative

Characterized by originality of thought or inventiveness; having the ability to create.

Crystallized Intelligence

The ability to use learned knowledge and experience.

Fluid Intelligence

The ability to solve new problems, use logic in new situations, and identify patterns.