Business, 24.03.2021 21:50 frankly106
Journalize the following transactions for the buyer, Cox Company, using the gross method to account for purchase discounts. Assume a perpetual inventory system.
July 2 Purchased merchandise from Stewart Company on account, $13,000, terms 2/10, n/30.
The goods are shipped FOB shipping point, freight prepaid by seller, $180.
July 8 Returned to Stewart Company merchandise previously purchased on account, $1,000.
July 12 Paid the amount due to Stewart Company.
Answers: 1
Business, 22.06.2019 02:40, ItzJuztWillie
The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u. s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19
Answers: 3
Business, 22.06.2019 15:00, shakaylaousley1997
Portia grant is an employee who is paid monthly. for the month of january of the current year, she earned a total of $8,388. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year and the fica tax rate for medicare is 1.45% of all earnings. the futa tax rate of 0.6% and the suta tax rate of 5.4% are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from her earnings was $1,391.77. what is the total amount of taxes withheld from the portia's earnings?
Answers: 2
Journalize the following transactions for the buyer, Cox Company, using the gross method to account...
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