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Purchased merchandise from Blue Company under the following terms: $4,600 price, invoice dated April 2, credit terms of 2/15, n/60, and FOB shipping point.Paid $258 for shipping charges on the April 2 purchase.
Returned to Blue Company unacceptable merchandise that had an invoice price of $500.Sent a check to Blue Company for the April 2 purchase, net of the discount and the returned merchandise.
Purchased merchandise from Fox Corp. under the following terms: $9,650 price, invoice dated April 18, credit terms of 2/10, n/30, and FOB destination.After negotiations, received from Fox a $2,702 allowance on the April 18 purchase.Sent check to Fox paying for the April 18 purchase, net of the discount and allowance.
the following forecasted sales pertain to isaac company month sales september 180000 october 200000 november 160000
using the following data prepare a classified balance sheet for blanchard company as of december 31 2015.cashnbspnbsp
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Monica (not in the loan business) loaned Lateisha $25,000 two years ago. During the current year, Lateisha declared bankruptcy. The bankruptcy trustee informed the unsecured creditors that no assets are available for distribution from the bankrupt..
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Prepare a cash flow forecast for the appropriate period. Assume that the restaurant will be run for six years, at the end of which the building could be sold for 300,000 pounds but the equipment will have no value at all.
in order to fund her retirement michele requires a portfolio with an expected return of 0.10 per year over the next 30
base on three preceding situations, explain the effects of the disposal of an asset??
beech soda inc. uses a perpetual inventory system. the companys beginning inventory of a particular product and its
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