Business, 20.01.2020 23:31 haimar8710
Journalize the following transactions for powell company using the gross method of accounting for sales discounts. assume a perpetual inventory system. also, assume a constant gross profit ratio for all items sold. make sure to enter the day for each separate transaction. january 7 sold goods costing $7,860 to stewart company on account, $13,100, terms 5/10, n/30.january 13 stewart company was granted an allowance of $2,620 for returned merchandise that was previously purchased on account. the returned goods are in perfect condition. january 18 received the amount due from stewart company. required: prepare journal entry.
Answers: 1
Business, 22.06.2019 18:20
Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.
Answers: 3
Business, 22.06.2019 20:50
Which of the following is an example of a monetary policy? a. the government requires credit card companies to protect customers' privacy. b. the government restricts the amount of money that banks can lend. c. the government lowers taxes and increases spending. d. the government pays for repairing damage from a natural disaster.
Answers: 1
Journalize the following transactions for powell company using the gross method of accounting for sa...
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