Business, 01.08.2019 11:50 davelopez979
Brittany, an accrual basis taxpayer, operates a small distribution business. her records show the following income items for the year: sales – paid, $64,000. sales – unpaid, $2,750. distributor-of-the-year prize from her supplier of $1,975. what amount does brittany report as her gross income on her schedule c?
Answers: 1
Business, 22.06.2019 10:30
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?
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Business, 22.06.2019 23:00
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Business, 23.06.2019 11:30
You have collected the company performance data below for acme shoes and brand x
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Brittany, an accrual basis taxpayer, operates a small distribution business. her records show the fo...
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