A merchandiser has sales discounts forfeited of $600, cost of goods sold of $13,000, and other expenses of $4,100. The merchandiser uses a perpetural inventory system. The second entry in the closing process would include .

Given that,

Sales discount forfeited = $600

Cost of goods sold = $13,000

Other expenses = $4,100

Expenses accounts:

= Cost of goods sold + Other expenses

= $13,000 + $4,100

= $17,100

Therefore, the second entry in the closing process is as follows:

Income summary A/c Dr. $17,100

       To Cost of goods sold            $13,000

       To other expenses                  $4,100

(To record the closing entry)

b

explanation:

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.