Business, 24.09.2020 23:01 Csoard2004
Harwell Company manufactures automobile tires. On July 15, 2016, the company sold 1,000 tires to the Nixon Car Company for $50 each. The terms of the sale were 2/10, n/30. Harwell uses the gross method of accounting for cash discounts. Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and collection on July 23, 2016.Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and collection on August 15, 2016.
Answers: 1
Business, 21.06.2019 17:00, dondre54
While information systems can be used to gain a strategic advantage, they have inherent risks. hershey foods, for example, crippled its halloween sales when its complex is system failed to support its supply and inventory needs during peak production season. this is an example of which specific is risk
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Business, 22.06.2019 20:20, nicky123415
Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year
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Business, 23.06.2019 13:00, jimenagl
Regarding the flow of costs through the inventory accounts, which of the following statements is incorrect? a. the costs flow from raw materials inventory to work-in-process inventory to finished goods inventory. b. the format for computing the amount used, manufactured, or sold is the same for all three inventory accounts. c. the final amount at each stage is added at the beginning of the next stage. d. purchases of raw material and freight in are debited to the work-in-process inventory account.
Answers: 1
Business, 24.06.2019 01:30, queenkimm26
You contacted your stock broker this morning and placed an order to sell 300 shares of a stock that trades on the nyse. this sale will occur in the:
Answers: 2
Harwell Company manufactures automobile tires. On July 15, 2016, the company sold 1,000 tires to the...
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