On March 1, Bartholomew Company purchased a new stamping machine with a list price of $70,000. The company paid cash for the machine; therefore, it was allowed a 5% discount. Other costs associated with the machine were: transportation costs, $1,300; sales tax paid, $3,120; installation costs, $1,000; routine maintenance during the first month of operation, $1,200. What is the cost of the machine
Answers: 3
Business, 22.06.2019 09:40
As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?
Answers: 3
Business, 22.06.2019 11:50
The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000
Answers: 3
Business, 22.06.2019 19:00
The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?
Answers: 1
On March 1, Bartholomew Company purchased a new stamping machine with a list price of $70,000. The c...
Mathematics, 17.11.2020 05:50
History, 17.11.2020 05:50
Mathematics, 17.11.2020 05:50
English, 17.11.2020 05:50
Mathematics, 17.11.2020 05:50
Social Studies, 17.11.2020 05:50
Mathematics, 17.11.2020 05:50
Mathematics, 17.11.2020 05:50
Social Studies, 17.11.2020 05:50
Mathematics, 17.11.2020 05:50
Biology, 17.11.2020 05:50
Mathematics, 17.11.2020 05:50
English, 17.11.2020 05:50