Compass Inc. purchased 1250 bags of insulation, on account, from Glassco Inc. The bags of insulation cost $5.50 each. Compass paid Turner Trucking $320 to have the bags of insulation shipped to its warehouse. Compass returned 50 bags that were defective and paid for the remainder. Assume that Compass uses the perpetual inventory system and that Glassco did not offer a purchase discount.
Prepare a journal entry to record the purchase of the bags of insulation.
Prepare the entry to record the payment for shipping.
Prepare the entry for the return of the defective bags.
Prepare the entry to record the payment for the bags kept by Compass.
Answers: 3
Business, 21.06.2019 17:00, mdaniella522
Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined
Answers: 1
Business, 22.06.2019 08:00, leannaadrian
Companies in the u. s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct
Answers: 1
Compass Inc. purchased 1250 bags of insulation, on account, from Glassco Inc. The bags of insulation...
Biology, 07.10.2019 12:00
Mathematics, 07.10.2019 12:00
Mathematics, 07.10.2019 12:00
Mathematics, 07.10.2019 12:00
Chemistry, 07.10.2019 12:00
Mathematics, 07.10.2019 12:00