Flynn Company Uses a Perpetual Inventory System and Had the Following

question 102

Multiple Choice

Flynn Company uses a perpetual inventory system and had the following transactions during November:
-November 6 - Purchased $5,800 of inventory on account, terms 2/10, n/30.
-November 8 - Returned $800 of defective units and received full credit.
-November 15 - Paid the amount due.
-Use the information above to answer the following question.What journal entry will be recorded by Flynn Company on November 6?

• A) Debit Inventory and credit Accounts Payable for $5,800
• B) Debit Cost of Goods Sold and credit Accounts Payable for $5,684
• C) Debit Purchases and credit Accounts Payable for $5,800
• D) Debit Inventory and credit Accounts Payable for $5,684

Comprehend the principles of X-linked genetic disorders and their impact on gender susceptibility.

Acquire knowledge on epigenetics with an emphasis on brain development.

Identify genetic conditions transmitted through X-linked inheritance and evaluate the risk on different genders.

Determine the key candidates for genetic counseling and understand the importance of genetic consultation in disease prevention and management.

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