Based on the Following Information, What Would Be Recorded as Purchases

question 47

Multiple Choice

Based on the following information, what would be recorded as purchases discount if the invoice is paid within the discount period? 1 $\$ 5,000$ of merchandise inventory $w$ as ordered on Apri 2, 2010.
2 $\$ 2,000$ of this merchandise was received on Apiil 5, 2010.
3 On Apri 6, 2010, an invoice dated Apri 4,2010, with terms of $2 / 10$ , net 30 for $\$ 2,150$ which included a $\$ 150$ prepaid freight cost, was received.

4 On April 10, 2010, \$500 of the merchandise was returned to the seller.

• A) $100
• B) $30
• C) $43
• D) $33

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Definitions:

Unconditional Positive Regard

Accepting and supporting someone regardless of what they say or do, as proposed by Carl Rogers in his client-centered therapy.

Aggressive

Exhibiting forceful actions or behavior, often with the intent to dominate or control.

Humanistic Psychologist

A professional in psychology who focuses on individual potential and stresses the importance of growth and self-actualization.

Psychodynamic Psychologist

A mental health professional who applies theories and principles from psychodynamic psychology, focusing on unconscious processes influencing behavior.