Presented below are transactions related to Blossom Company. a. On December 3, Blossom Company sold $586,700 of merchandise on account to Ayayai Co., terms 4/10, n/30, FOB destination. Blossom paid $390 for freight charges. The cost of the merchandise sold was $391,300.
b. On December 8, Ayayai Co. was granted an allowance of $28,000 for merchandise purchased on December 3.
c. On December 13, Blossom Company received the balance due from Ayayai Co.

Required:
Prepare the journal entries to record these transactions on the books of R. Humphrey Company using a perpetual inventory system.

Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}

What has caroline's payment history been like? support your answer with two examples

Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?