subject
Business, 27.01.2021 18:50 ineedhelp2285

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.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:20
You wish to buy a cabin in 15 years. today, the cabin costs $150,000. you believe the price of the cabin will inflate at 4% annually. you want to invest a single amount of money (lump sum) today and have the money grow to equal the future purchase price of the cabin 15 years from now. if you can earn 10% annually on your investments, how much do you need to invest now, in order to be able to purchase the cabin?
Answers: 3
question
Business, 22.06.2019 11:20
Which stage of group development involves members introducing themselves to each other?
Answers: 3
question
Business, 22.06.2019 14:50
The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?
Answers: 1
question
Business, 22.06.2019 19:00
Describe how to write a main idea expressed as a bottom-line statement
Answers: 3
You know the right answer?
At Hometown Arts, gross sales for the month included: Sales on account (2/10, n/30)
$150,000<...
Questions
question
Health, 24.06.2019 02:00
question
Mathematics, 24.06.2019 02:00
Questions on the website: 13722360