Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
What would the journal entry be for these transaction?
June 21- Returned one (1) B1010 T-5 Frame (net cost $1,000.00) to Jurassic Bikes. The bike was severely damaged upon delivery.
June 22- Wrote check 02621 to the cash customer of June 21 who returned one Custom Helmet (C2300) for a cash refund. The helmet had a flaw in the chin strap. The invoice number is Z1610. The credit memorandum number is CM012. Be sure to include the sales taxon the return. The selling price of the helmet was $45.00, which included the mark up on cost of 150%.
June 23- Received notice from the bank that the $749.00 check received from the Mountaineers Bike Club (10440) on June 18 had not cleared due to lack of funds. The check is charged back to Accounts Receivable and the club's account. At the check number prompt enter NSFCK for non-sufficient funds check, and at the invoice prompt enter Z1609 as the original invoice number.
June 23-Issued check number 02622 for $3,264.01 to the State Board of Equalization for the sales taxes collected to the close of the business on June 20. At the invoice prompt enter SLTAX.
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: - Explain the goals and uses of special journals.
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.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd