Business, 08.03.2021 19:20 AldoRaine8074
Journalize the following merchandise transactions, using the net method under a perpetual inventory system.
a. Sold merchandise on account, $18,000 with terms 1/10, n/30. The cost of the goods sold was $10,800.
b. Received payment less the discount.
c. Refunded $600 to customer for defective merchandise that was not returned.
Answers: 3
Business, 22.06.2019 06:30
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
Answers: 1
Business, 22.06.2019 15:20
Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.
Answers: 1
Business, 22.06.2019 19:20
Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:
Answers: 1
Journalize the following merchandise transactions, using the net method under a perpetual inventory...
Mathematics, 23.02.2021 21:20
Mathematics, 23.02.2021 21:20
Mathematics, 23.02.2021 21:20
Mathematics, 23.02.2021 21:20
Mathematics, 23.02.2021 21:20
Mathematics, 23.02.2021 21:20
Health, 23.02.2021 21:20
Mathematics, 23.02.2021 21:20
History, 23.02.2021 21:20
Mathematics, 23.02.2021 21:20
English, 23.02.2021 21:20