At Hometown Arts, gross sales for the month included:
Sales on account (2/10, n/30)
$150,000<...
Business, 27.01.2021 18:40 kathleen1010
At Hometown Arts, gross sales for the month included:
Sales on account (2/10, n/30)
$150,000
Credit card sales (3% credit card fee) $200,000
Half of the sales on account were paid within the discount period; the other accounts were paid
in full by the end of the month.
Requirements
1. Journalize the sales on account, the credit card sales, and the cash payments on account
received during the month.
2. Calculate the net sales revenue for the month.
Answers: 3
Business, 22.06.2019 16:20
Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000
Answers: 1
Business, 22.06.2019 22:50
Adding a complementary product to what is currently being produced is a demand management strategy used when: a. capacity exceeds demand for a product that has stable demand.b. price increases have failed to bring about demand management.c. demand exceeds capacity.d. demand exceeds 100 percent.e. the existing product has seasonal or cyclical demand.
Answers: 3
Business, 23.06.2019 00:00
The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?
Answers: 1
Business, 23.06.2019 02:00
True of false: the chancellor of a university has commissioned a team to collect data on students' gpas and the amount of time they spend bar hopping every week (measured in minutes). he wants to know if imposing much tougher regulations on all campus bars to make it more difficult for students to spend time in any campus bar will have a significant impact on general students' gpas. his team should use a t test on the slope of the population regression.
Answers: 1
Mathematics, 04.04.2020 15:21
Mathematics, 04.04.2020 15:21
Mathematics, 04.04.2020 15:22
Mathematics, 04.04.2020 15:22
Health, 04.04.2020 15:22
Mathematics, 04.04.2020 15:22
Mathematics, 04.04.2020 15:22
Computers and Technology, 04.04.2020 15:23
History, 04.04.2020 15:23
Mathematics, 04.04.2020 15:23
Mathematics, 04.04.2020 15:23
History, 04.04.2020 15:23