Business, 19.07.2019 22:30 itzia00

Nov. 1 dollar store purchases merchandise for $1,600 on terms of 2/5, n/30, fob shipping point, invoice dated november 1. 5 dollar store pays cash for the november 1 purchase. 7 dollar store discovers and returns $100 of defective merchandise purchased on november 1, and paid for on november 5, for a cash refund. 10 dollar store pays $80 cash for transportation costs for the november 1 purchase. 13 dollar store sells merchandise for $1,728 with terms n/30. the cost of the merchandise is $864. 16 merchandise is returned to the dollar store from the november 13 transaction. the returned items are priced at $200 and cost $100; the items were not damaged and were returned to inventory. journalize the above merchandising transactions for the dollar store assuming it uses a perpetual inventory system and the gross method.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 03:00

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

Answers: 3

Answer

Business, 22.06.2019 15:10

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions

Answers: 3

Answer

Business, 22.06.2019 23:00

Which of the following is not one of the four principles of bottleneck management? a. increasing capacity at non-bottleneck stations is a mirageb. lost time at the bottleneck is lost system capacity.c. release work orders to the system at the bottleneck's capacity pace.d. increased bottleneck capacity is increased system capacity.e. bottlenecks should be moved to the end of the system process.

Answers: 1

Answer

Business, 23.06.2019 00:40

In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of

Answers: 3

Answer

You know the right answer?

Nov. 1 dollar store purchases merchandise for $1,600 on terms of 2/5, n/30, fob shipping point, invo...

Questions