Record the following transactions on the books of Oriole Company (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.)(a) On July 1, Oriole Company sold merchandise on account to Stacey Inc. for $22,700, terms 4/10, n/30.(b) On July 8, Stacey Inc. returned merchandise worth $2,200 to Oriole Company.(c) On July 11, Stacey Inc. paid for the merchandise. No. DateAccount Titles and ExplanationDebitCredit(a) July 1July 8July 11(b) July 1July 8July 11(c) July 11
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Business, 22.06.2019 10:30
Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?
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Business, 22.06.2019 11:20
You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?
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Business, 22.06.2019 17:50
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
Business, 22.06.2019 20:30
John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76
Answers: 1
Record the following transactions on the books of Oriole Company (Omit cost of goods sold entries.)...
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