On march 1, showcase co., a furniture wholesaler, sells merchandise to balboa co. on account, $259,040, terms n/30. the cost of the merchandise sold is $152,710. on march 5, showcase co. issues a credit memo for $31,930 for merchandise returned prior to balboa co. paying the original invoice on march 29. the cost of the merchandise returned is $16,530. journalize balboa co.’s entries for (a) the purchase, (b) the return of the merchandise for credit, and (c) the payment of the invoice. refer to the chart of accounts for exact wording of account titles.

Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.