Prepare sales revenues section of income statement

Assignment Help Accounting Basics
Reference no: EM13160321

Maulder Company provides the following information for the month ended October 31, 2010: Sales on credit 280,000, cash sales 100,000, sales discount 13,000, sales return and allowances 11,000. Prepare the sales revenues section of the income statement based on this information.

Reference no: EM13160321

Questions Cloud

Receiving any consideration : Susan sweets is a 40 percent shareholder in acclaim inc. a theatrical supplies company. She transfers a fully depreciated car with a value of $2,000 to the corporation, dut does not receive any consideration for it.
Methods of technology in communication : Give an example of where technology can enhance a presentation, report or proposal and discuss which ideas/methods of technology in communication are appropriate and inappropriate. 300 words.
Will the trna be charged with a different amino acid : If you mutate the anticodon sequence on a tRNA molecule, but not the other nucleotides, how will this affect translation? Will the tRNA be "charged" with a different amino acid according to the sequence on the anticodon?
Simple calculator program : Build a simple calculator program with an Access form that allows a user to enter numbers in two separate text boxes. The Access form should have four separate command buttons for adding, subtracting, multiplying, and dividing. Write code in each com..
Prepare sales revenues section of income statement : Sales on credit 280,000, cash sales 100,000, sales discount 13,000, sales return and allowances 11,000. Prepare the sales revenues section of the income statement based on this information.
What is the minimum number of nucleotides needed : You've discovered a new life form from a differentplanet, and you're studying how this organism translates itsgenetic code into proteins. This organism has 14 types of aminoacids, and 4 nucleotid
What was the molarity of the koh solution : A volume of 70.0 mL of aqueous potassium hydroxide (KOH) was titrated against a standard solution of sulfuric acid (H2SO4). What was the molarity of the KOH solution if 18.2 mL of 1.50 M H2SO4 was needed? The equation is 2KOH+H2SO4K-->2SO4+2H2O
Describing sexual revolution : What is sexual revolution? Why do societies control people's sexual behavior? How does sexuality play a part in social inequality?
State what is the overall order of the reaction : What is the overall order of the reaction? b.What is the order with respect to X?To Y? c.In a reaction

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