User Account

All Pages

Calculate net sale revenue for october

Assignment Help Accounting Basics
Reference no: EM13912550

Jim.com sell books on account $11 each (cost of these book is $16500) on October 10, 2011. One hundred of these book (cost $660) were damange in shipment, so Jim.com later received the damange good as sale return on October 13, Customer paid the balance on October 22. credit terms offered to the customer 2/15, net

1. Calculate net sale revenue for October?

2. Calculate gross profit for October?

Reference no: EM13912550

Questions Cloud

Spring constant of the bow : What is the spring constant of the bow? How much work does Sue do in pulling the arrow back? What is the speed of the arrow as it leaves the bow?
New automobiles : During the current year, Central Auto Rentals purchased 60 new automobiles at a cost of $21,920 per car. The cars will be sold to a wholesaler at an estimated $4,000 each as soon as they have been driven 56,000 miles
Find the total work done : A force F = - k ( x ˆ i + y ˆ j ) [where k is a positive constant] acts on a particle moving in the x-y plane.Starting from origin, the particle is taken to (a, a) and then to ( a 2 , 0. Find the total work done
Common fixed cost : company sold 35,000 units in the East region and 10,000 units in the West region. It determined that $240,000 of its fixed selling and administrative expenses is traceable to the West region, $190,000 is traceable to the East region, and the remainin..
Calculate net sale revenue for october : Jim.com sell books on account $11 each (cost of these book is $16500) on October 10, 2011. One hundred of these book (cost $660) were damange in shipment, so Jim.com later received the damange good as sale return on October 13, Customer paid the b..
Find the total work done : A force F = - k ( x ˆ i + y ˆ j ) [where k is a positive constant] acts on a particle moving in the x-y plane.Starting from origin, the particle is taken to (a, a) and then to ( a 2 , 0. Find the total work done
Find the power required : Water is pumped from a depth of 10 m and delivered through a pipe of cross section 10-2 m2 upto a height of 10 m. If it is needed to deliver a volume 0.2 m3 per second, find the power required.
Elastic string of unstretched length : A particle of mass m is hanging with the help of an elastic string of unstretched length a and force constant mg/a .The other end is fixed to a peg on vertical wall.
Correcting and adjusting entries : Floppy is a small company and records adjusting entries & closing entries only at fiscal (calendar) year end. Correcting and adjusting entries have not been recorded

Reviews

Write a Review

Accounting Basics Questions & Answers

  A potential claim for damages to be received from a lawsuit

skinner company has the following contingenciespotential costs due to the discovery of a possible defect related to one

  Explain the concept of ldquobusiness ethicsrdquo critically

explain the concept of ldquobusiness ethicsrdquo. critically discuss the term ldquocomplex ethical dilemmardquo.

  Kind meek and clean attorneys-at-law specialize in three

kind meek and clean attorneys-at-law specialize in three areas criminal civil and family law. when specifications for a

  Tony touchdown is offered an athletic scholarship at state

tony touchdown is offered an athletic scholarship at state university which will pay fully for his tuition fees books

  Mitchell decides to continue using departmental overhead

mitchell decides to continue using departmental overhead rates. what are the predetermined rates for the assembly and

  Calculate the retained earnings

Calculate the retained earnings. Begin by selecting the formula, then enter the amounts and calculate the retained earnings at December 31, 2011. Leave unused sells blank.

  Pitre inc earned net income of 150000 during 2010 the

pitre inc. earned net income of 150000 during 2010. the company wants to earn net income of 25000 more during 2011. the

  However one of these customers subsequently made a payment

supreme sales company which sells only on account had a 100000 balance in its accounts receivable and a 4000 balance in

  Effective interest method for amortizing bond discounts

Lyndhurst Company, Inc. uses the effective interest method for amortizing bond discounts and premiums.

  How would you allocate the cost of a dinner among a group

Shifting the focus slightly, think about this. How would you allocate the cost of a dinner among a group of your friends when you go out for an evening?

  Lawford and delgado have decided to form a partnership they

lawford and delgado have decided to form a partnership. they have agreed that lawford is to invest 90000 and that

  How long will it take her to repay the loan

While Mary Corens was a student at the University of Tennessee, she borrowed $12,000 in student loans at an annual interest rate of 9.90%. If Mary repays $1,500 per year, how long (to the nearest year) will it take her to repay the loan?

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