Kasper Shack,Inc $\begin{array}{lll}\text { } & \mathrm{Dr.}& \mathrm{Cr.}\\{\text { Cash }} & 1,300 & \\\text { Merchandise Inventory } & &1,300 & \\\end{array}$

question 125

Multiple Choice

Kasper Shack,Inc.acquired merchandise inventory for $1,300 cash on January 12^th.On January 21^st,it noticed that the wrong merchandise had been shipped and returned it to the supplier for a cash refund.Which of the following is the journal entry that would be required for the return of the merchandise on January 21^st?

• A)\(\begin{array}{lll}
• \text { } & \mathrm{Dr.}& \mathrm{Cr.}\\
• {\text { Cash }} & 1,300 & \\
• \text { Merchandise Inventory } & &1,300 & \\
• \end{array}\)
• B)\(\begin{array}{lccc}
• \text { } & \mathrm{Dr.}& \mathrm{Cr.}\\
• \text { Merchandise Inventory } & 1,300 & \\
• \quad \text { Cash } & & 1,300\\
• \end{array}\)
• C)\(\begin{array}{lccc}
• \text { } & \mathrm{Dr.}& \mathrm{Cr.}\\
• \text { Accounts Payable } & 1,300 & \\
• \quad \text { Merchandise Inventory } & & 1,300\\
• \end{array}\)
• D)\(\begin{array}{lccc}
• \text { } & \mathrm{Dr.}& \mathrm{Cr.}\\
• \text { Merchandise Inventory } & 1,300 & \\
• \quad \text { Accounts Payable } & & 1,300\\
• \end{array}\)
• E)\(\begin{array}{lccc}
• \text { } & \mathrm{Dr.}& \mathrm{Cr.}\\
• \text { Cash } & 1,300 & \\
• \quad \text { Accounts Payable } & & 1,300\\
• \end{array}\)

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Definitions:

Control Bleeding

Medical techniques and procedures aimed at stopping or reducing the flow of blood from a wound or surgical site to prevent excessive blood loss.

Electrocoagulation

A medical procedure using electrical current to remove tissue, control bleeding, or achieve hemostasis by causing blood or tissue protein to coagulate.

Control Bleeding

The practice of using techniques or medical interventions to stop or reduce the flow of blood from a wound or incision.

Vital Signs

Of life; specifically, the pulse rate, respiratory rate, body temperature, and often blood pressure of a person.