subject
Business, 15.07.2019 22:20 alonzo8217

On october 1, robertson company sold inventory in the amount of $5,800 to alberta, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. robertson uses the periodic inventory system. on october 4, alberta returns some of the inventory. the selling price of the inventory is $500 and the cost of the inventory returned is $350. what journal entry (entries) will be recorded by robertson october 4?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:20
Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above
Answers: 2
question
Business, 22.06.2019 17:00
Serious question, which is preferred in a business? pp or poopoo?
Answers: 1
question
Business, 22.06.2019 17:30
Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?
Answers: 3
question
Business, 22.06.2019 22:40
Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply
Answers: 1
You know the right answer?
On october 1, robertson company sold inventory in the amount of $5,800 to alberta, with credit terms...
Questions
question
Mathematics, 25.09.2020 18:01
question
Spanish, 25.09.2020 18:01
question
History, 25.09.2020 18:01
question
Mathematics, 25.09.2020 18:01