Pollution control equipment for a pulverized coal cyclone furnace is estimated to cost $190,000, 2 years from now, and, an additional $120,000, 8 years from now. If Monongahela Power wants to set aside enough money now, to cover these future costs, how much must be invested at an interest rate of 8% per year, compounded quarterly

On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?