Acb manufacturing purchased $6,000 of merchandise inventory from a vendor on account with credit terms of 2/10 or n/30. because some of the merchandise was damaged, acb manufacturing returned $1,000 of the merchandise two days later. acb manufacturing uses the perpetual inventory system and made payment for the merchandise, less the return, within the discount period. what is the final cost of the merchandise inventory for acb manufacturing from this purchase? -$5,000-$4,900-$4,880-$5,880

Luggage world buys briefcases with an invoice date of september 28. the terms of sale are 2/10 eom. what is the net date for this invoice

Hillside issues $4,000,000 of 6%, 15-year bonds dated january 1, 2016, that pay interest semiannually on june 30 and december 31. the bonds are issued at a price of $4,895,980. required: 1. prepare the january 1, 2016, journal entry to record the bonds’ issuance

In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. the equilibrium quantity in the market for widgets is 250 per month when there is no tax. then a tax of $6 per widget is imposed. as a result, the government is able to raise $750 per month in tax revenue. we can conclude that the after-tax quantity of widgets has fallen by a. 25 per month. b. 50 per month. c. 75 per month. d. 100 per month.