Q. A company using the perpetual inventory system purchased inventory worth  $21,000 on account with terms of  3/10, n/30. Defective inventory of  $1,000 was returned two days  later, and the accounts were appropriately adjusted. If the invoice is paid within 10  days, the amount of the purchase discount that would be available to the company is  ________.

Q. From the following  details, calculate net sales revenue.
Sales Revenue  $400,000
Cost of Goods Sold 300,000
Operating Expenses 75,000
Sales Discounts 20,000
Sales Returns and Allowances 8,000
Interest Revenue 6,000

Q. The Merchandise Inventory account balance is  $50,000. An physical count of inventory reveals that actual inventory balance is  $42,000. Which of the following would be included in the adjusting  entry? (Assume a perpetual inventory  system.)

Q. Expenses that fall outside the regular operations of a business are​ ________.