Journalize the following merchandise transactions. refer to the chart of accounts for exact wording of account titles. jan. 1 sold merchandise on account, $18,000 with terms 1/10, n/30, using the net method under a perpetual inventory system. the cost of the goods sold was $10,800.6 received payment less the discount.7 refunded $600 to customer for defective merchandise that was not returned.

Which of the following statements is true? a job costing system will have a separate work in process account for each of the major processes. a process costing system will have a single work in process account. a process costing system will have a separate raw materials account for each of the major processes. a process costing system will have a separate work in process account for each of the major processes.

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.