When the Periodic Inventory Method Is Used, the Entry to Record

question 18

Multiple Choice

When the periodic inventory method is used, the entry to record a return of defective merchandise to a supplier would include a

• A) Credit to Accounts Payable
• B) Credit to Inventory
• C) Credit to Purchase Returns
• D) Credit to Cash

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Definitions:

Behavior Modification

Techniques and principles based on behaviorism used to change or improve undesirable behaviors through reinforcement and consequences.

Electric Shock Therapy

A medical treatment, more commonly known as Electroconvulsive Therapy (ECT), which involves inducing seizures in patients under general anesthesia to treat certain mental disorders.

SSRIs

Selective Serotonin Reuptake Inhibitors, a class of medications typically used to treat depression and anxiety disorders by increasing serotonin levels in the brain.

Echolalia

The automatic repetition of sounds or words.