Marin Company sells goods to Danone Inc. by accepting a note receivable on January 2, 2017. The goods have a sales price of $589,100 (cost of $470,000). The terms are net 30. If Danone pays within 5 days, however, it receives a cash discount of $9,100. Past history indicates that the cash discount will be taken. On January 28, 2017, Danone makes payment to Marin for the full sales price. Prepare the journal entry(ies) to record the sale and related cost of goods sold for Marin Company on January 2, 2017, and the payment on January 28, 2017. Assume that Marin Company records the January 2, 2017, transaction using the net method Prepare the journal entry(ies) to record the sale and related cost of goods sold for Marin Company on January 2, 2017, and the payment on January 28, 2017. Assume that Marin Company records the January 2, 2017, transaction using the gross method.

You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.

A) maklumat di bawah menunjukkan beberapa kos yang terlibat dalam proses pengeluaran sesebuah firma-kain sutera-cukai jualan-sewa kilang-insurans kebakarani) berdasarkan maklumat di atas, apakah jenis kos yang terlibat? ii) apakah perbezaan antara kos kain sutera dan kos sewa kilang

Freese, inc., is in the process of preparing the fourth quarter budget for 2016, and the following data have been assembled: the company sells a single product at a price of $70 per unit. the estimated sales volume for the next six months is as follows: september 15,600 units october 14,400 units november 16,800 units december 24,000 units january 10,800 units february 12,000 units all sales are on account. the company's collection experience has been that 30% of a month's sales are collected in the month of sale, 68% are collected in the month following the sale, and 2% are uncollectible. it is expected that the net realizable value of accounts receivable (i.e., accounts receivable less allowance for uncollectible accounts) will be $396,032 on september 30, 2016. management's policy is to maintain ending finished goods inventory each month at a level equal to 30% of the next month's budgeted sales. the finished goods inventory on september 30, 2016, is expected to be 2,520 units. to make one unit of finished product, 6 pounds of materials are required. management's policy is to have enough materials on hand at the end of each month to equal 40% of the next month's estimated usage. the raw materials inventory is expected to be 21,168 pounds on september 30, 2016. the cost per pound of raw material is $5, and 70% of all purchases are paid for in the month of purchase; the remainder is paid in the following month. the accounts payable for raw material purchases is expected to be $79,758 on september 30, 2016. a. prepare a sales budget in units and dollars, by month and in total, for the fourth quarter (october, november, and december) of 2016.