User Account

All Pages

What the company inventory for hello vaughn market

Assignment Help Financial Accounting
Reference no: EM132763685

Hello,Vaughn's Market recorded the following events involving a recent purchase of inventory:

Received goods for $132000, terms 2/15, n/30.

Returned $2600 of the shipment for credit.

Paid $400 freight on the shipment.

Paid the invoice within the discount period.

Problem 1: As a result of these events, the company's inventory

Option 1: increased by $126812.

Option 2: increased by $127204.

Option 3: increased by $129800.

Option 4: increased by $127212

Reference no: EM132763685

Questions Cloud

Discuss the various types of training media : Discuss the various types of training media you would use to educate your corporate students and how these media would be put to use.
What is the project after-tax equipment salvage value : Labor and maintenance costs are expected to be $90,000 during the first year of operation, What is the project after-tax equipment salvage value
Create example inventory list for staff : The warehouse manager asked you to create an example inventory list for his staff.
What is the effective annual interest rate of trade credit : The D.J. Masson Corporation needs to raise $800,000 for 1 year to supply working capital to new store. What is effective annual interest rate of trade credit
What the company inventory for hello vaughn market : As a result of these events, the company's inventory? Received goods for $132000, terms 2/15, n/30. Returned $2600 of the shipment for credit.
Community preparedness and response : Efforts to protect individual and community safety during emergencies include considerable collaboration between government officials, first responders,
Describe the government-business relationship : Describe the government-business relationship, through the lens of general systems theory.
What amount is included in the sibling net income : Two years after the sale the sibling sold the land for $250,000. What amount is included in the sibling's net income for tax purposes from the sale of the land?
What kind of return on invested capital will she make : Assuming that her expectations hold? up, what kind of return on invested capital will she make if she shorts 3 July oats contracts

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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