Business, 03.11.2020 16:50 leonarddyer4599
Harwell Company manufactures automobile tires. On July 15, 2021, the company sold 2,100 tires to the Nixon Car Company for $90 each. The terms of the sale were 3/10, n/30. Harwell uses the net method of accounting for cash discounts. Required:1. Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and payment on July 23, 2021.2. Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and payment on August 15, 2021.
Answers: 3
Business, 21.06.2019 22:10, angellynn581
3. now assume that carnival booked lady antebellum in december 2016 to perform on the june 2017 western caribbean cruise. further assume that carnival pays lady antebellum its entire performance fee of $52,000 on december 28, 2016, for the june 2017 cruise. what journal entry will carnival make on december 28, 2016, for its payment to lady antebellum?
Answers: 1
Business, 22.06.2019 15:20, sgalvis455
Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
Answers: 3
Harwell Company manufactures automobile tires. On July 15, 2021, the company sold 2,100 tires to the...
Mathematics, 16.03.2020 21:10