A Merchandiser Uses a Perpetual Inventory System

question 26

Multiple Choice

A merchandiser uses a perpetual inventory system.The beginning Owner,Capital balance of the merchandiser was $130,000.During the year,Sales Revenue amounted to $80,000,Sales Returns and Allowances were $2,000,Sales Discounts were $4,000,Cost of Goods Sold was $40,000,and all other expenses totaled $12,000.The company paid $27,000 in withdrawals to the owner.The closing balance of Owner,Capital would be ________.

• A)$129,000
• B)$125,000
• C)$118,000
• D)$130,000

Distinguish between various social psychology experiments and their key findings related to obedience, conformity, and group behavior.

Analyze the impact of dehumanization, stereotype, and in-group vs. out-group thinking on behavior towards others.

Comprehend the principles of prosocial behavior and factors influencing the likelihood of helping behavior.

Explore the phenomenon of the bystander effect and the social and individual factors that can reduce or increase helping behavior in emergency situations.

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Definitions:

Network Devices

Hardware components that are used to connect computers or other electronic devices together so they can share files, resources, or communicate.

Peer-to-Peer PLC Network

A network configuration where programmable logic controllers communicate directly with each other without a central server.

Token Passing

A network communication protocol where a token, or a small data message, is passed between nodes to control which node has the right to transmit.

Master PLC

The primary programmable logic controller in a network or system, responsible for coordinating communication and data exchange between connected PLCs or devices.