User Account

All Pages

Find what the amount paid is

Assignment Help Financial Accounting
Reference no: EM132651672

Question 1: Olive purchased merchandise form San Jose suppliers for P3,600 list price, subject to trade discount of 25%. The goods were purchased on terms of 2/10, n/30, FOB Destination. Olive paid P100 transportation costs and returned P300 of the merchandise to San Jose and later paid the amount due within the discount period. The amount paid is

Option 1: P2,254

Option 2: P2,252

Option 3: P2,246

Option 5: P2,352

Reference no: EM132651672

Questions Cloud

Herzberg motivation-hygiene theory : Herzberg's Theory suggests that pay and benefits are not motivators, because they do not satisfy the worker (who doesn't want more pay or vacation time?).
Curriculum planning-a foundation : Discuss who will be on your curriculum team. Describe how you will conduct a needs assessment. Use a variety of resources and methods, not just test results.
Possible challenges of innovation to organizations : What are the possible challenges of innovation to organizations
How much in accrued salaries should be recognized : Salon has 7 employees and every employee is given 1 day-off every week, how much in accrued salaries should be recognized at the end of September?
Find what the amount paid is : Transportation costs and returned P300 of the merchandise to San Jose and later paid the amount due within the discount period. The amount paid is
Can you think of an example of each type in everyday life : Describe three common forms of cognitive bias in human thinking. Can you think of an example of each type in everyday life? What are the key elements of the.
Creating an ethics committee for your facility : Creating an ethics committee for your facility. In your initial post, you will state your position on whether you believe an ethics committee for LTC
Draw a rough sketch of a bar layout by incorporating : Draw a rough sketch of a bar layout by incorporating three important bar compartments.
What are the potential drawbacks in brief : What are the potential benefits of applying this topic to your current or anticipated work environment? What are the potential drawbacks?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Computation of future values and present values

(Computation of Future Values and Present Values) Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) What is the future value of $9,000 at the end of 5 periods at 8% compounded inte..

  Do you consider chambers assertion is justified

Discuss the above quotation, particularly as it applies to non-current assets. Do you consider Chamber's assertion is justified?

  How can a departmental overhead system be converted

How can a departmental overhead system be converted to a plantwide overhead system? Is the cost of a job related to the price charged? Explain.

  Prepare the journal entries and adjusting entries

Wally’s Widget Company (WWC) incorporated near the end of 2011. Operations began in January of 2012. WWC prepares adjusting entries and financial statements at the end of each month. Prepare the February journal entries and adjusting entries:

  Time value of money calculations

1. A deposit of $7,000 is made on January 1, 2014. The deposit will earn interest at a rate of 8%. How much will be accumulated on January 1, 2019, assuming that interest is com- pounded (a) annually, (b) semiannually, and (c) quarterly?

  What amount should brite report in its december 31

The deferred income tax liability is not related to an asset for financial reporting and is expected to reverse in year 4. What amount should Brite report

  Define the families of victims harmed

Are the makers of violent films, games, and music lyrics liable to the families of victims harmed by people inspired to act violently

  Method of depreciation for plant

What are the various points or factors you would consider while choosing a method of depreciation for plant and equipment of an electricity company? Explain with examples.

  Project scoring rubric

Explanation of any background information and/or further description of loan types selected

  First line of business is concession sales

USAco, a domestic corporation, operates two lines of business. The first line of business is concession sales at U.S. major league baseball games, which generate annual gross income of $1 million.

  What is the annual carrying costs of cheese inventory

What is the annual carrying costs of cheese inventory. Cheeseburger and Taco Company purchases 11,361 boxes of cheese each year.

  What factors led to the company doing a stock split

Identify a company that has done a stock split within the last five years. Discuss the terms of the stock splits and what factors led to the company

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