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Jessica S.
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Personal Finance
TutorMe
Question:

Most products come with some guarantee of quality. This type of warranty states that a defective product can be fixed or replaced during a reasonable amount of time.

Jessica S.
Answer:

Full Warranty

Algebra
TutorMe
Question:

Linda paid $38 for a jacket that was on sale for 25% of the original price. What was the original price of the jacket?

Jessica S.
Answer:

$152

Accounting
TutorMe
Question:

A customer purchased merchandise on account for $3,000 which cost the company $2,000. What would be the journal entry that the company would record on their books for the merchandise?

Jessica S.
Answer:

Debit Accounts Receivable $3,000 Credit Sales Revenue $3,000 Debit Cost of Goods Sold $2,000 Credit Inventory $2,000

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