Horner company buys a delivery van with a list price of $70,000. the dealer grants a 15% reduction in list price and an additional 2% cash discount on the net price if payment is made in 30 days. sales taxes amount to $930 and the company paid an extra $700 to have a special device installed. what should be the recorded cost of the van?
a. $58,310.
b. $59,907.
c. $59,940.
d. $59,240.

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.