Business, 10.07.2019 03:30 vmosley8648
Acompany sold merchandise for $24,000 on account with terms of 5/15, n/30. the company uses a perpetual inventory system. after two days, it received defective merchandise worth $4,000. the journal entry to record the cash receipt for the sale if the payment is received within 10 days of the invoice date would include a) a debit to cash for $20,000, a credit to merchandise inventory for $1,000, and a credit to sales revenue for $19,000. b) a debit to cash for $19,000, a debit to sales discount for $1,000, and a credit to accounts receivable for $20,000 c) a debit to cash for $20,000, a debit to merchandise inventory for $4,000, and a credit to accounts receivable for $24,000. d) a debit to sales revenue for $24,000, a credit to accounts receivable for $20,000, and a credit to sales discounts for $4,000
Answers: 1
Business, 22.06.2019 02:00
What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 1
Business, 22.06.2019 08:30
An employer who is considering hiring eva has asked donna, eva’s former supervisor, for a report on eva. in truth, eva’s work for donna has been only average. however, eva is donna’s friend, and donna knows that eva probably will not get the job if she says anything negative about eva, and donna knows that eva desperately needs the job. further, donna knows that if the situation were reversed, she would not want eva to mention her deficiencies. nevertheless, it has been donna’s policy to reveal the deficiencies of employees when she has been asked for references by employers, and she knows that some of eva’s faults may be bothersome to this particular employer. finally, this employer has leveled with donna in the past when donna has asked for a report on people who have worked for him. should donna reveal deficiencies in eva’s past performance? (remember to use one of the three moral theories acceptable for this test to solve this dilemma. any discussion of any personal opinion, religious perspective, or theory other than the moral theories acceptable for this test will result in a score of "0" for this question.)
Answers: 1
Business, 22.06.2019 11:10
Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.
Answers: 1
Business, 22.06.2019 11:30
Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400
Answers: 3
Acompany sold merchandise for $24,000 on account with terms of 5/15, n/30. the company uses a perpet...
History, 02.02.2020 19:55
Mathematics, 02.02.2020 19:55
Mathematics, 02.02.2020 19:55
History, 02.02.2020 19:55
History, 02.02.2020 19:55
Mathematics, 02.02.2020 19:55
Mathematics, 02.02.2020 19:55
Spanish, 02.02.2020 19:55
Chemistry, 02.02.2020 19:55
History, 02.02.2020 19:55
Mathematics, 02.02.2020 19:55
Social Studies, 02.02.2020 19:55
Mathematics, 02.02.2020 19:55