Harlow co. has arranged to sell the goods for harris

Assignment Help Accounting Basics
Reference no: EM13305192

Harris Company has shipped $20,000 of goods to Harlow Co., and Harlow Co. has arranged to sell the goods for Harris.

a. Identify the consignor.

Harlow Co.
Harris Co.

b. Identify the consignee.

Harris Co.
Harlow Co.

c. Which company should include any unsold goods as part of its inventory?

Harlow Co.
Harris Co.

2. At year-end, Harris Co. had shipped $12,500 of merchandise FOB destination to Harlow Co. Which company should include the $12,500 of merchandise in transit as part of its year-end inventory?

Harlow Co.
Harris Co.

Reference no: EM13305192

Questions Cloud

Determine how much power will be required above sea level : If I raise a 1000 lbf weight 100 feet above sea level on earth in 10 seconds how much power will be required
Determine the index of refraction of the lens material : Both surfaces of a double convex lens have radii of 30.0 cm. what is the index of refraction of the lens material
What is the minimum power rating required for the fan : 1. 260 watts of electrical power consumption. 2. External temperature (cooling air inlet temperature) = 77 degrees Fahrenheit 3. Safety (touching) specification (cooling air outlet temperature) = 100 degrees Fahrenheit 4.
What is the magnification of an object at infinity : The length between lenses equals 1m, the eyepiece has a focal point of 32mm, what is the magnification of an object at infinity
Harlow co. has arranged to sell the goods for harris : Harris Company has shipped $20,000 of goods to Harlow Co., and Harlow Co. has arranged to sell the goods for Harris.
Determine the velocity and acceleration of point b : The velocity of the center point of the wheel is constant at 20 ft/sec to the right. For the instant, determine the following: a) The velocity and acceleration of point B (which is attached to the wheel) measured with respect to ground.
What must be the focal length of the projection lens used : In a film projection apparatus it is desired to produce pictures12 feet wide on a screen 50 feet from the lens; What must be the focal length of the projection lens used
Data concerning golding corporation''s single : Data concerning Golding Corporation's single product appear
What is its length measured by a ground observer : If its length is 49.8 m when measured from inside the spacecraft, what is its length measured by a ground observer

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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