subject
Business, 07.10.2019 19:00 deeoki3384

Kelly’s jewelry has the following transactions during the year: total jewelry sales = $710,000; sales discounts = $18,000; sales returns = $46,000; sales allowances = $26,000. in addition, at the end of the year the company estimates the following transactions associated with jewelry sales in the current year will occur next year: sales discounts = $1,800; sales returns = $5,520; sales allowances = $3,470. compute net sales.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 19:20
This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.
Answers: 2
question
Business, 22.06.2019 20:20
Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.
Answers: 2
question
Business, 23.06.2019 01:20
Which resource management task includes activating local resource requirements, if available? a. track and report b. mobilize c. order and acquire d. reimburse and restock
Answers: 1
question
Business, 23.06.2019 10:20
Which theorem states that no two species competing for the exact same resources can coexist? which theorem states that no two species competing for the exact same resources can coexist? resource partitioning principle complex community network principle dominance species principle competitive exclusion principle?
Answers: 3
You know the right answer?
Kelly’s jewelry has the following transactions during the year: total jewelry sales = $710,000; sa...
Questions
question
Mathematics, 26.06.2019 02:00
question
Mathematics, 26.06.2019 02:00
question
Mathematics, 26.06.2019 02:00
Questions on the website: 13722367