A Merchandiser Returned Inventory Worth $2,000 That Was Purchased on Account.Under

question 150

Multiple Choice

A merchandiser returned inventory worth $2,000 that was purchased on account.Under the periodic inventory system,the journal entry to record the return would include ________.

• A)a debit to Purchase Returns and Allowances for $2,000 and a credit to Accounts Payable for $2,000
• B)a debit to Accounts Payable for $2,000 and a $2,000 credit to Purchase Returns and Allowances
• C)a debit to Purchases for $2,000 and a credit to Accounts Payable for $2,000
• D)a debit to Accounts Payable for $2,000 and a credit to Purchases for $2,000

Comprehend the Big Five personality model and its factors.

Identify personality dimensions that influence one's initiative and adaptability.

Understand the concept of locus of control and its implications on personal perception of events' control.

Gain insights into personality assessment tools like the MBTI and their usefulness in self-awareness.