Purchases transactions xanadu company purchased merchandise on account from springhill company for $12,600, terms 1/10, n/30. xanadu returned merchandise with an invoice amount of $2,800 and received full credit.
a. if xanadu company pays the invoice within the discount period, what is the amount of cash required for the payment? if required, round the answer to the nearest dollar. $
b. what account is debited by xanadu company to record the return?
Answers: 2
Business, 22.06.2019 13:10
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Business, 22.06.2019 14:30
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Business, 22.06.2019 19:30
Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to:
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Business, 22.06.2019 20:30
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