User Account

All Pages

March 3 purchased merchandize on account from hasbro co

Assignment Help Accounting Basics
Reference no: EM13594358

March 3. Purchased merchandize on account from Hasbro co. List price $16,000, trade discount 30%, terms FOB shipping point, 2/10, n/30 with prepaid transportation costs of $800 added to the invoice.

  • Purchased merchandise on account from anne co. $7000, terms FOB destination 1/10,n/30
  • Sold merchandise on account to Howl Co, list price $5000, trade discount 20% terms 2/10,n/30. The cost of merchandise sold was $1500
  • Received cash on account from sales of Mar 5 to Howl co. less discount

Sold merchandise on nonbank credit cards and reported account to the car company $3500. The cost of merchandise sold was $2000.Received cash from card company credit card sales of mar 20, less $400 service fee.

Reference no: EM13594358

Questions Cloud

Bauerkemper inc is considering a project that would require : bauerkemper inc. is considering a project that would require an initial investment of 924000 and would have a useful
A production departments output for the most recent month : a production departments output for the most recent month consisted of 12000 units completed and transferred to the
A microwave oven operates at 24 ghz with an intensity : a microwave oven operates at 2.4 ghz with an intensity inside the oven of 2500 wm2.what is the amplitude of the
The intensity of electromagnetic radiation from the sun : the intensity of electromagnetic radiation from the sun reaching the earths upper atmosphere is 1.37 kwm2assuming an
March 3 purchased merchandize on account from hasbro co : march 3. purchased merchandize on account from hasbro co. list price 16000 trade discount 30 terms fob shipping point
What is the minimum amount of electrical energy required by : question what is the minimum amount of electrical energy required by the refrigerator to carry out this process if it
Asolid mixture of kcl kno3 and bano32 is 2092 mass : a solid mixture of kcl kno3 and bano32 is 20.92 mass chlorine and a 1.000 g sample of the mixture in 500.0 ml of
Verify that sales invoices are prepared only for items : hunter mcneal is studying and evaluating branyons internal controls related to the mathematical verification of sales
A man and a boy are carrying a uniform wooden beam that is : a man and a boy are carrying a uniform wooden beam that is 8 m long and weighs 900 n. the boy lifts at one end. at

Reviews

Write a Review

Accounting Basics Questions & Answers

  Wheeler corporation produces and sell special eyeglass

wheeler corporation produces and sell special eyeglass straps for sporting enthusiasts. in 2011 the company budgeted

  Difference between actual and planned results

Policies regarding when a difference between actual and planned results should be investigated are generally more restrictive for non controllable items than for controllable items.

  Assume do it corp is taxed at 25 on all of its income they

assume do it corp. is taxed at 25 on all of its income. they are considering buying a large amount of new equipment

  Calculate requirement of working capital management

How to calculate requirement of working capital management?

  Total amount of federal and state unemployment tax

Unruh co. which has a taxable payroll of 400,000, is subject to FUTA tax 0f 6.2% and a state contribution rate of 5.4%. however, because of stable employment sxperience, the company's state rate has been reduced to 2%. What is the total amount of ..

  Capital structure in balance

If the company follows the residual dividend policy, how much net income must it earn to meet its capital requirements, pay the dividend, and keep the capital structure in balance?

  Computes depreciation to the nearest full month

On July 1, 20--, Williams purchased computer equipment costing $6,000. It has an expected useful life of three years and no salvage value. Assume that Williams computes depreciation to the nearest full month.

  The company is currently selling 5000 units per month fixed

the company is currently selling 5000 units per month. fixed expenses are 302000 per month. consider each of the

  Asset retirement obligation journal entries

Prepare the journal entries to record the depot (consider a plant asset) and the asset retirement obligation for the depot on Jan 1, 2012. Based on an effectieve-interest rate of 6% the fair value of the asset retirement obligation on Jan 1, 2012 ..

  Lettman corporation has provided the following partial

lettman corporation has provided the following partial listing of costs incurred during novembernbspnbspmarketing

  An estimate of an assets value to the company calculated by

1. a minimum acceptable rate of return for an investment decision is called thea internal rate of returnbaverage rate

  Prepare a system flowchart for the following narrative of a

prepare a system flowchart for the following narrative of a small grocery storewho use a small office network of pcs to

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