User Account

All Pages

Find the net price and trade discount

Assignment Help Accounting Basics
Reference no: EM133130114

Question 1 - A local bookstore earned a total of PH P7510.00 for the day. If the expenses incurred for today reached PHP6125.00, determine the bookstore's profit/loss.

Question 2 - A sports trader bought a basketball jerset for PHP1500.00, subject to 35% trade discount. Find the net price and trade discount.

Reference no: EM133130114

Questions Cloud

Calculate fgt index with inequality aversion parameter : Suppose that a society has an income distribution of z={$1, $3, $4, $7, $8} per day, where the income poverty line is z=$5. Calculate FGT index (indices) with i
Presentation on supervised learning : Design methods to collect/gather data in a way that is suitable for the associated business problems to be analysed and Evaluate output produced by software
The political economy of targeting : (Why is Sen critical about "targeting"? Give your own suggestions about "modifying" and/or "re-interpreting" Sen's capability approach in order to overcome weak
Explain the types of amenities : Alex bought a chain of salons and spas. He invested his wealth and time to enhance the salons with full-service bars, child care for employees and guests, and p
Find the net price and trade discount : A sports trader bought a basketball jerset for PHP1500.00, subject to 35% trade discount. Find the net price and trade discount
Expressions for the demand function : Suppose we have the following expressions for the demand function, marginal revenue (MR), total cost (TC) and marginal cost (MC) where P is price and Q is quant
Future enrollments in graduating engineering programs : Based on the current economic situation do you expect the employment demand for graduating engineers to increase or decrease? Explain the basis for your answer.
Evaluate each of the deficiencies noted : You have been assigned the auditor in verifying inventory count procedures for a small manufacturing company. Evaluate each of the deficiencies noted
How is the healthcare resources being allocated to patients : The topic I have chosen to research is how is the healthcare industry is using more resources that will help benefit patients. I had previously been working in

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine what gaap each scenario relates to

Determine what GAAP each scenario relates to, and what should be done. (Choose from The Consistency Principle, The Materiality Principle

  Compute the balance in Accumulated Depreciation

Compute the balance in Accumulated Depreciation as of December 31, 2015, if Kegging & Canning Inc. uses the - balance method of depreciation

  Record the treasury stock transactions

Treasury stock transactions.The original sale of the $50 par value common shares of Gray Company was recorded as follows: Cash 290,000.

  What was the total interest paid during the period

Christine received a loan of $9,500 at 4.52% compounded semi-annually from a credit union. What was the total interest paid during the period

  What is the return on investment for Division A

Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of $30,000, What is the return on investment for Division A

  Prepare a new income statement for the year using variable

topple company produces a single product. operating data for the company and its absorption costing income statement

  Effects of impairment test for accounting period

Required: What are the accounting effects of this impairment test for accounting period 20X6?

  Prepare appropriate adjusting entry

Prepare appropriate adjusting entry(s) at December 31, 2021, assuming the fair value of the IBM common shares was: $1,810,000

  Explain corporate bond interest

Explain corporate bond interest in terms of cost of capital versus investor yields. Also, explain the municipal bond interest in terms of investor yields

  What amount is the maximum allowable depreciation

There is an allowable Section 179 limit in the current year of $25,000. What amount is the maximum allowable depreciation

  What is the price earnings ratio of the company

-What is the price earnings ratio (PE) of the company, given total number of outstanding ordinary shares is 57,000 and market price of each share is $22

  Compute impact that transaction will have on taxable income

Compute the impact that this transaction will have on taxable income of Seller Corp. for the tax years 2016 -2020 assuming no special elections are made

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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