Ball company sells merchandise on account for 1500 to edds

Assignment Help Accounting Basics
Reference no: EM13597876

Ball Company sells merchandise on account for $1,500 to Edds Company with credit terms of 2/10, n/30. Edds Company returns $300 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check?

Reference no: EM13597876

Questions Cloud

Sam and dennys ice cream shop charges 165 for a cone : sam and dennys ice cream shop charges 1.65 for a cone. variable expenses are 0.35 per cone and fixed costs total 2400
Lanier company began operations on january 1 2010 and uses : lanier company began operations on january 1 2010 and uses the fifo method in costing its raw material inventory.
Madlem inc produces and sells a single product whose : madlem inc. produces and sells a single product whose selling price is 240.00 per unit and whose variable expense is
Anthony and latrisha are married and have two sons james : anthony and latrisha are married and have two sons james age 25 and jonas age 13. both sons are properly claimed as
Ball company sells merchandise on account for 1500 to edds : ball company sells merchandise on account for 1500 to edds company with credit terms of 210 n30. edds company returns
Debbie is 24 years old and a dependent of her parents she : debbie is 24 years old and a dependent of her parents. she earns 4200 working part-time and receives 2200 interest on
Raphael restaurant is considering the purchase of a 8400 : raphael restaurant is considering the purchase of a 8400 souffleacute maker. the souffleacute maker has an economic
Monty loaned his friend ned 20000 three years ago ned : monty loaned his friend ned 20000 three years ago. ned signed a note and made payments on the loan. last year when the
Lauren corporation acquired sarah inc on january 1 2009 by : lauren corporation acquired sarah inc. on january 1 2009 by issuing 13000 shares of common stock with a 10 per share

Reviews

Write a Review

Accounting Basics Questions & Answers

  Cash revenue and kind of transaction

Pardee Company earned $25,000 of cash revenue. What kind of transaction is this?

  Shares of lawrence company stock are currently selling on

the stockholders equity accounts of lawrence company have the following balances on december 31 2012.common stock 10

  King cones leased ice cream-making equipment from liang

king cones leased ice cream-making equipment from liang leasing. liang earns interest under such arrangements at a 6

  The company has an offer from duvall valves to produce the

howell corporation produces an executive jet for which it currently manufactures a fuel valve the cost of the valve is

  Abc ltd a manufacturing company incurred the following

abc ltd. a manufacturing company incurred the following expenses during a certain period. you are required to prepare a

  How much is niles cost of goods

Assume Nile.com began April with 14 units of inventory that cost a total of $266. During April, Nile purchased and sold goods as - Under the FIFO inventory method, how much is Niles cost of goods sold for the sale on April 14?

  Dr massy who specializes in internal medicine wants to

dr. massy who specializes in internal medicine wants to analyze his sales mix to find out how the time of his physician

  Political and economics risks of multinational corporations

The most popular way for international expansion is for a local firm to acquire foreign companies. One of the most benefits for international expansion is global distribution capability that helps expanding the market share. In the meantime, domes..

  On july 1 2013 lula plume created a new self-storage

on july 1 2013 lula plume created a new self-storage business safe storage co. the following transactions occurred

  Listed here are the total costs associated with the 2011

listed here are the total costs associated with the 2011 production of 1000 drum sets manufactured by neatbeat. the

  Give some ideas for marketing strategies might be employed

develop a written proposal outlining a specific product or service idea you have as the product manager for triangle

  Shea company is considering investing in an annuity

shea company is considering investing in an annuity contract that will return 37500 annually at the end of each year

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd