subject
Business, 06.03.2020 08:57 kevo2024

Jackson Co. sold merchandise on account to S. Thomas, invoice no. 121, for $125.50, plus 5% sales tax. What is the journal entry to record this transaction?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:00
Select the correct answers. mila is at a flea market. she has $50 in her wallet. she decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5 on a t-shirt, and $10 on something to eat. she likes a one-of-a-kind t-shirt, but the seller is not ready to sell it for less than $8. she thinks of five ways to deal with this situation. which two choices indicate a trade-off?
Answers: 3
question
Business, 22.06.2019 20:20
Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44
Answers: 2
question
Business, 22.06.2019 20:20
Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year
Answers: 2
question
Business, 22.06.2019 21:00
Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?
Answers: 3
You know the right answer?
Jackson Co. sold merchandise on account to S. Thomas, invoice no. 121, for $125.50, plus 5% sales ta...
Questions
question
Social Studies, 26.03.2020 16:55
question
Mathematics, 26.03.2020 16:55
question
Mathematics, 26.03.2020 16:56
question
Mathematics, 26.03.2020 16:56
question
Biology, 26.03.2020 16:56
Questions on the website: 13722366