Powerage Ltd

question 20

Multiple Choice

Powerage Ltd.purchased goods for £1,700 from RiffRaff plc.Having noticed that the goods were faulty,they were returned to the supplier.How would the return of the goods be recorded?

• A) Debit payables (RiffRaff's personal account), credit purchases
• B) Credit payables (RiffRaff's personal account), debit purchases
• C) Credit sales, debit payables (RiffRaff's personal account)
• D) Debit sales, credit returns

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Definitions:

Prosocial Behavior

Voluntary actions intended to benefit or help others, such as sharing, comforting, or cooperation.

Sympathy

An emotion related to empathy that involves “feeling for” another; that is, having concern for the other person, but not necessarily sharing the feelings of the other.

Empathy

“Feeling with” another person, recognizing her emotional condition and experiencing what she is assumed to be feeling.

Self-Concept

An individual's perception of themselves, encompassing beliefs, attributes, and who and what the self is.