What is the amount of the check

Assignment Help Accounting Basics
Reference no: EM133137676

Question - Blossom Company sells merchandise on account for $8100 to Marigold Corp. with credit terms of 2/14, n/30. Marigold Corp. returns $1700 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check?

Reference no: EM133137676

Questions Cloud

Level of the neuromuscular junction : Describe the events that lead to muscle contraction starting at the level of the neuromuscular junction.
Calculate monthly finance charge for credit card transaction : Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded
Discuss cultural diversity : Discuss cultural diversity. Explain your cultural background.
Care standards in work placement : REFLECTIONS only please; write a Reflection about how you have applied the Care Standards in your Work Placement. Please mentions situations of how you used car
What is the amount of the check : Blossom Company sells merchandise on account for $8100 to Marigold Corp. with credit terms of 2/14, n/30. What is the amount of the check
Respiratory and digestive systems : Imagine you are a physician preparing a talk detailing the impact of obesity on the respiratory and digestive systems.
Analyze the problematic job : Outline four key steps you would take to analyze the problematic job. What is the most important data collection method(s) you would use and why?
What is the cost of debt for Kenny Enterprises : Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, What is the cost of debt for Kenny Enterprises
Define the concept of motivation : Define the concept of motivation and discuss its important characteristics. Identify and explain what personally motivates you in life.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the current market value

Razz Corporation's common stock is currently selling on a stock exchange at $170 per share, and its current balance sheet shows the following stockholders.

  What is the end of project cash flow

A firm believes it can generate an additional $250,000 per year in revenues for the next 5 years if it replaces existing equipment with new equipment that costs $210,000.

  How much is the accumulate depreciation after fiscal year

On January 2, 2016, Alpha Company acquired a new machine by signing a 5 year note for $62,000. How much is the accumulate depreciation after fiscal year

  How much income must she report for tax purposes

Javiera, sole shareholder of Silver, has a basis of $200,000 in her stock. If Silver distributes $900,000 to Javiera on December 31, how much income must report

  Calculate working capital and the current ratio at year-end

Calculate working capital and the current ratio at year-end under each situation, assuming that early payment of accounts payable is not made

  Discuss a private-purpose trust fund

Presented below is the preclosing trial balance for the Scholarship Fund, a private-purpose trust fund, of the Algonquin School District.

  What should be the percent increase in sales

Hilarious Profits, Inc. (HPI) earned a profit of 20% on sales of $30,000,000. Its balance sheet shows total assets of $10,000,000. If HPI wants to achieve.

  Prepare general journal entries to record transactions

Five thousand shares of preferred stock are sold for cash at $120 per share. Prepare the general journal entries necessary to record these transactions

  Using the current system estimated manufacturing overhead

come-on-in manufacturing produces two types of entry doors deluxe and standard. the assignment basis for support costs

  On june 29 2012 machinery included in the march 31 2011

on march 31 2011 the herzog company purchased a factory complete with machinery and equipment. the allocation of the

  Should a journal entry be made

On March 1, 2010, Freeze Company hires a new employee who will start to work on March 6. The employee will be paid on the last day of each month. Should a journal entry be made on March 6? Why or why not?

  In understanding motivation by applying

Your job right now is to finish reading this chapter. How strongly would you be motivated to do that if you were sweating in a room at 105 degrees Fahrenheit? Imagine your roommate has turned on the air-conditioning. Once you are more comfortable,..

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