User Account

All Pages

What is the impact on inventory

Assignment Help Accounting Basics
Reference no: EM132568660

Question 1: Hardware Restoration had a purchase of $40,000, a purchase return of $10,000, and a purchase discount of $1,500. What is the impact on Inventory?

A) $28,500

B) $30,000

C) $51,500

D) $38,500

 

Reference no: EM132568660

Questions Cloud

What is the balance in allowance for uncollectible accounts : What is the balance in allowance for uncollectible accounts on December 31, 2011, after the adjusting entry is made
Diagnostic Techniques : Pick any two diseases that require diagnostic tests to identify them from the body system. Why is a particular test recommended?
What ending inventory is for mary pie company : What ending Inventory is? Mary's Pie Company had a starting Inventory balance of $13,550 and the following transaction totals for the month
What is the required amount to be recorded as an expense : If the accounts receivable balance at December 31 was sh 600,000, what is the required amount to be recorded as an expense in the P/L account
What is the impact on inventory : Hardware Restoration had a purchase of $40,000, a purchase return of $10,000, and a purchase discount of $1,500. What is the impact on Inventory?
What is innate immunity and microbial antagonism : What is innate immunity? What is microbial antagonism? Why is it beneficial? What are the attributes of adaptive immunity?
By what amount balances of the deferred liability increase : Determine by what amount the balances of the deferred liability and deferred tax asset will increase or decrease for the year to 30 June 2020
Creating community health promotion resource : Imagine you are creating a community health promotion resource that addresses a disease of your choice.
Explain the data interchange standards : Explain the data interchange standards required to enable the flow of the information and reflect the results of ongoing dialogue, debate, and consensus

Reviews

Write a Review

Accounting Basics Questions & Answers

  The equipment has an estimated economic life of seven years

garvey company the lessee entered into an equipment lease with richie company the lessor on january 1 of year 1. use

  Cvp analysis of situation

Your team is to prepare two separate lists of questions that enable you to complete a reliable CVP analysis of this situation. One list is to be answered by the school's administration, the other by the owner of the movie theater.

  Calculate the dividend payout for honeywell

Assume you own shares in Honeywell Inc. and that the company currently earns $4.70 per share. Calculate the dividend payout for Honeywell

  Determine the break-even volume of work for a company

Determine the break-even volume of work for a company with a fixed overhead of $63,000, a contribution margin ratio of 11.0%.

  Calculate the cost of abnormal spoilage in september

Lokal Food Manufacturer produces the "Fresh" brand of pasteurised coconut milk from one of its manufacturing processes.

  Mueller corp manufactures compact discs that sell for 500

mueller corp. manufactures compact discs that sell for 5.00. fixed costs are 28000 and variable costs are 3.60 per

  Prepare the company production budget

The selling price of the company's product is $18.00 per unit. Prepare the company's production budget for the upcoming fiscal year

  Calculate the annual rate of return

Based on the above information and using Excel, calculate the following items for this proposed equipment purchase: Annual rate of return

  Discuss the process of qualifying as an expert witness

Question - If you were considering becoming an expert witness, discuss the process of qualifying as an expert witness

  Tiger furnishings produces two models of cabinets for home

tiger furnishings produces two models of cabinets for home theater components the basic and the dominator. data on

  Determine the contribution margin per direct labor hour

Determine the contribution margin per direct labor hour and Determine which product should be produced

  What is the payback period

The equipment will have an initial cost of $900,000 and have a 6 year life. There is no salvage value for the equipment. What is the payback period

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