User Account

All Pages

What should be the proper amount of this check

Assignment Help Accounting Basics
Reference no: EM132235935

Question - On October 1, Jack Tupp Auto repair sells $1500 of auto parts on account to Iona Carr Autohaus with credit terms of 2/20, n/30. On October 5, Iona car Autohaus receives an allowance of $300.

If Iona Carr Autohaus remits a check to Jack Tupp Auto Repair on October 15, what should be the proper amount of this check?

Reference no: EM132235935

Questions Cloud

What is ending inventory : The inventory records for Jack Tupp Auto repair the following - November 1: Beginning balance of 20 units at $8.00 per unit. What is ending inventory
How you think minority stress may influence the development : Any special problems associated with this population that make acknowledging the addiction and seeking treatment more difficult.
What is its cost of goods sold using FIFO : Anne Teak's knick knack store opened for business on May 1. Assuming that a periodic inventory system is used, what is its cost of goods sold using FIFO
What is the correct amount in its inventory account : On June 1, The Stan still stationary store purchased merchandise inventory with an invoice price of $5000. What is the correct amount in its inventory account
What should be the proper amount of this check : If Iona Carr Autohaus remits a check to Jack Tupp Auto Repair on October 15, what should be the proper amount of this check
Why an individual may not take their medication : The reasons for medication non-adherence can be complex. Just because a person is prescribed medication does not mean that they will take that medication.
Prepare a master budget for the firm for the coming year : FNSACC503 Manage budgets and forecasts - Wentworth Institute - Review the budgets they are working within the current year and prepare a master budget
What is the net cost of the coffee beans : After returning $200 of coffee beans to the seller, what is the net cost of the coffee beans if Holy Grounds pays within the discount period
Calculate the amount of the standard deduction : Fran is 24 years old, in good health and single. Calculate the amount of the standard deduction the taxpayers should claim on their 2018 income tax return

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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