subject
Business, 14.02.2020 05:57 tordoor7182

Tom’s T. V.’s sold one of their premium products, a new 60" flat screen 3D T. V. to a customer who paid $2,000 in cash. How would the receipt of payment from this sale impact the accounting equation?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:00
Journalize the following transactions that occurred in september 2015 for aquamarines. no explanations are needed. identify each accounts payable and accounts receivable with the vendor or customer name. sep. 3 purchased merchandise inventory on account from shallin wholesalers, $5,000. terms 1/15, n/eom, fob shipping point. 4 paid freight bill of $80 on september 3 purchase. 4 purchased merchandise inventory for cash of $1,700. 6 returned $500 of inventory from september 3 purchase. 8 sold merchandise inventory to hermosa company, $6,000, on account. terms 2/15, n/35. cost of goods, $2,640. 9 purchased merchandise inventory on account from thomas wholesalers, $8,000. terms 2/10, n/30, fob destination. 10 made payment to shallin wholesalers for goods purchased on september 3, less return and discount. 12 received payment from hermosa company, less discount. 13 after negotiations, received a $200 allowance from thomas wholesalers. 15 sold merchandise inventory to jordan company, $2,500, on account. terms 1/10, n/eom. cost of goods, $1,050. 22 made payment, less allowance, to thomas wholesalers for goods purchased on september 9. 23 jordan company returned $400 of the merchandise sold on september 15. cost of goods, $160. 25 sold merchandise inventory to smithsons for $1,100 on account that cost $400. terms of 2/10, n/30 were offered, fob shipping point. as a courtesy to smithsons, $75 of freight was added to the invoice for which cash was paid by aquamarines. 26 after negotiations, granted a $100 allowance to smithsons for merchandise purchased on september 25. 29 received payment from smithsons, less allowance and discount. 30 received payment from jordan company, less return.
Answers: 2
question
Business, 22.06.2019 23:00
The quinoa seed is in high demand in wealthier countries such as the u.s. and japan. approximately 97% of all quinoa production comes from small farmers in bolivia and peru who farm at high elevations—8,000 feet or higher. the seed is considered highly nutritious. mostly grown and harvested in bolivia and peru, and sold to markets in other countries, the seed is now considered an important for these nations. the governments of bolivia and peru are hopeful that this product will increase the quality of life of their farmers.
Answers: 3
question
Business, 23.06.2019 08:20
Suppose that a candy maker owns a building and is renting part of the building's space to a doctor. further suppose that because the candy maker is the owner, he has the right to make noise during the day while he makes candy. while the doctor cannot insist on a quiet environment, the doctor could move to a quieter building. however, rent in the next best building is $350/month more than rent in the noisy building. the candy maker can adopt a new technology that eliminates the noise for $275/month. given this situation, can the doctor find a private solution with the candy maker that will make both better off?
Answers: 2
question
Business, 23.06.2019 10:00
At the beginning of each month, desmond receives a written statement from his bank containing all the transactions processed on his checking account for the previous month desmond compares his check register to this bank statement. this comparison is known as your account. a. confirming b. reconciling c. comparing d. finalizing
Answers: 1
You know the right answer?
Tom’s T. V.’s sold one of their premium products, a new 60" flat screen 3D T. V. to a customer who p...
Questions
question
Mathematics, 18.09.2020 02:01
question
Mathematics, 18.09.2020 03:01
question
Mathematics, 18.09.2020 03:01
question
History, 18.09.2020 03:01
question
Mathematics, 18.09.2020 03:01
question
Mathematics, 18.09.2020 03:01
question
French, 18.09.2020 03:01
question
Social Studies, 18.09.2020 03:01
question
Geography, 18.09.2020 03:01
question
Mathematics, 18.09.2020 03:01
question
English, 18.09.2020 03:01
question
Mathematics, 18.09.2020 03:01
question
Mathematics, 18.09.2020 03:01
question
English, 18.09.2020 03:01
question
Chemistry, 18.09.2020 03:01
question
Mathematics, 18.09.2020 03:01
question
Mathematics, 18.09.2020 03:01
question
English, 18.09.2020 03:01
question
History, 18.09.2020 03:01
question
Health, 18.09.2020 03:01
Questions on the website: 13722359