subject
Business, 25.01.2020 00:31 mairxaromo

Kate company uses a perpetual inventory system.
record the journal entries for the following transactions:

a. on july 16, kate sold $1,200 of merchandise with terms of 2/10, n/30. the cost of the merchandise was $720.
b. on july 19, the customer returned $200 of the merchandise from (a). the cost of the merchandise was $120.
c. on july 22, the customer paid the entire balance due to kate.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 13:30, Geo777
You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?
Answers: 1
image
Business, 22.06.2019 17:30, gena75
Betty contracted with scooby’s skate store to deliver a pair of skates to jake for his birthday. scooby’s owner was going on a trip and delegated the delivery of the skates to brian. brian failed to make delivery. can jake sue brian for breach of contract, as he was not a party to the original contract? explain your answer. brian was not a party to the original contract. why would a court hold him responsible for failing to make delivery? if you do not think a court would hold him responsible, explain your answer. can jake sue scooby’s skates for breach of contract? explain your answer.
Answers: 2
image
Business, 23.06.2019 01:30, sabrinarasull1pe6s61
Akika corporation started as a small firm and has grown substantially in the past decade. its interests span from electronics to real estate and aviation. akika's board of directors have now decided to create independent business units for and categorize the actions performed under each domain. each business unit will have distinct roles and responsibilities. which of the 14 principles of fayol does this exemplify?
Answers: 3
image
Business, 23.06.2019 01:50, maddie7417
You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?
Answers: 3
You know the right answer?
Kate company uses a perpetual inventory system.
record the journal entries for the following...

Questions in other subjects:

Konu
Mathematics, 26.01.2021 05:20
Konu
Mathematics, 26.01.2021 05:20
Konu
Mathematics, 26.01.2021 05:20