Chico company allows its customers to return merchandise within 30 days of purchase.0 at december 31, 2017, the end of its first year of operations, chico estimates future-period merchandise returns of$60,000 (cost of 522500) related to its 2017 sales.0 on january 3, 2018, a customer returns merchandise with a selling price of 52,000 for a cash refund; the returnedmerchandise cost 5750 and is returned to inventory as it is not defective. a. prepare the december 31,2017, year-end adjusting journal entry for estimated future sales returns and allowances(revenue side).b. prepare the december 31, 2017, year»end adjusting journal entry for estimated future inventory returns and allowances(cost side).c. prepare the january 3, 2018, journal entry[ies) to record the merchandise returned.

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.

answer; institution;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.