subject
Business, 27.09.2019 22:30 spazzinchicago

Sales-related transactions after the amount due on a sale of $23,900, terms 1/10, n/eom, is received from a customer within the discount period, the seller consents to the return of the entire shipment for a cash refund. the cost of the merchandise returned was $14,340.
a. what is the amount of the refund owed to the customer? b. journalize the entries made by the seller to record (a) the refund and (b) the return of merchandise.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks
Answers: 2
question
Business, 22.06.2019 16:00
Which plan offers a tax-free education?
Answers: 1
question
Business, 22.06.2019 23:00
The discussion of the standards for selection of peanuts that will be used in m& ms and the placement of the m& m logo on the candies speaks to which building block of a sustainable competitive advantage:
Answers: 1
question
Business, 23.06.2019 21:30
Explain what is meant when it is said that "data vary". how does the variability affect the results of statistical analysis?
Answers: 3
You know the right answer?
Sales-related transactions after the amount due on a sale of $23,900, terms 1/10, n/eom, is received...
Questions
question
History, 24.04.2020 19:50
question
Mathematics, 24.04.2020 19:50
Questions on the website: 13722359