A vendor reduces an item listed at $140 on july 1st by 20%, Accounting Basics

Assignment Help:

A vendor reduces an item listed at $140 on July 1st by 20%, and then reduces it another 25% on September 1st. What is the sale price of the good after the last reduction?
A. $77.00

B. $84.00

C. $92.00

D. $108.50


Related Discussions:- A vendor reduces an item listed at $140 on july 1st by 20%

Vat refundable , Describe what journal entry pass in case of vat refundable...

Describe what journal entry pass in case of vat refundable and in case of vat payable?       Ans) In case of vat payable: output vat Toinput vat To vat payable In case o

Preparing financial statements for a merchandising business, Preparing fina...

Preparing financial statements for a merchandising business (The statements are completed in this order.) 1.  Income Statement (contains only expenses and revenue and show

College accounting book, a decrease in owner''s equity may result from a(n)...

a decrease in owner''s equity may result from a(n) a. purchase of office supplies for cash b. withdrawal of cash from the business by owner c. revenue that is derived from sales of

What do you mean by overhead, Q. What do you mean by Overhead? Overhead...

Q. What do you mean by Overhead? Overhead -- a cost that doesn't vary with the level of production or sales and generally a costnot directly involved with sales or production.

Learning objectives of accounting theory, Q. Learning objectives of Account...

Q. Learning objectives of Accounting theory? - Discuss and Identify the underlying assumptions or else concepts of accounting. - Discuss and Identify the main principles of

Define Accounting, define accounting. Briefly explain its concepts

define accounting. Briefly explain its concepts

Uses of accounting, uses of accounting as a software enginner

uses of accounting as a software enginner

Dividing partnership income, Dividing Partnership Income Desmond Drury ...

Dividing Partnership Income Desmond Drury and Ty Wilkins have decided to form a partnership. They have agreed that Drury is to invest $44,700 and that Wilkins is to invest $1

Write Your Message!

Captcha
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