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What would be the correct journal entries for this situation?
December 6-Received a billing statement and issued check number 33332 for $155 to Hollman Freight Company, for freight charges incurred for delivery of merchandise items from Boot Hill Tools on December 2 (invoice number HL123). December 10-Paid invoice V1425 from Videcamper Saws (28800) issuing check number 33333. The invoice was dated November 30, listed merchandise totaling $9,000, and 1/10, n/30 credit terms. Remember that UpTight Tools attempts to pay on time so as to lower the overall costs of merchandise inventory.
journal entries for sold merchandise inventory on account.1.3142009 sold 700000 merchandise inventory on account.nbsp
A private company that designs, manufactures and distributes certain consumer products. In this fiscal year, Detox had revenues of $325M and earnings of $15M. Detox company has filed a registration statement with the SEC for its IPO.
At the end of the current year, Accounts Receivable has a balance of $750,000; Allowance for Doubtful Accounts has a credit balance of $11,250; and net sales for the year total $4,150,000.
Outline the facts of the Centro (ASIC v. Healy) case and explain why ASIC took action against the six Centro non-executive directors. In your answer briefly discuss the role and responsibilities of nonexecutive directors. (1000 word maximum)
Purpose a flexible budget based upon the production of 3800 cases. Remember to calculate the material spending budget based on purchases not production.
Find the Straight-line depriciation method and The Double-declining depriciation method
Star Corporation issued both common and preferred stock during 20X6. The stockholders' equity sections of the company's balance sheets at the end of 20X6 and 20X5 follow.
Evaluate the internal depreciation charge that was made last year
Smokey Sims is 60 years old and has been asked to accept early retirement from his company. Which alternative should Smokey choose assuming that he is able to invest funds at a 6% rate?
What term is commonly used to describe the concept whereby the cost of manufactured products is composed of direct materials cost, direct labor cost, and variable factory overhead cost?
there are four methods of inventory costing lifo fifo direct cost and average cost. why do you believe we have four? do
Is there a way to get a reference to go by to know how to answer the ratio questions off of the assignment of the jcpennys and kohls 10K? Understand the formulas just not the jargon that is on the 10K to compare with my text.
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