Purchase$-$related transaction

a$.$ Illustrate the effects on the accounts and financial statements of Beyer Co$.$ for the purchase.

Feetback

TChect Hy Mark

Correct

b$.$ Illustrate the effects on the accounts and financial statements of Beyer co$.$ for the retum of the merchandise for credit.

$\backslash$table$[[\backslash$table$[[$Statement of$],[$Cash Flows$]],$Balance Sheet,$\backslash$table$[[$Income$],[$Statement$]]],[$Assets$,=,\backslash$table$[[$Liabilities$],[$Accounts Payable$]],\backslash$table$[[,\backslash$table$[[$Stockholders$],[$Equity$],[$No Effect$]],,,,,,,],[,+,$No Effect,,,,,$],[,-2,100,,,,-3,750,,,],[$Statement of Cash Flows,,,,,,Income Statement$],[$No Effect $-,,,,,,,$No Effect,$0],[,,,,,,$No Effect,$0],[,,,,,,$No Effect,$0]],]]$

C$.$ Illustrate the effects on the accounts and financial statements of Beyer Co$.$ for the payment of the invoice within the discount period.