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

  Should kathy withhold fica taxes fica taxes

Kathy owns and operates a grocery store as a sole proprietor. She pays wages to her husband Joe and their 17-year-old daughter Marla, both of whom work at the store. Should Kathy withhold FICA taxes FICA taxes from the wages paid to Joe and Marla?

  Tara company owns 80 percent of the common stock of stodd

tara company owns 80 percent of the common stock of stodd inc. in the current year tara reports sales of 5000000 and

  Are the revenues and expenses in a governmental units

the general fund is often considered to be the principal financial statement for a governmental unit. contrast in

  How the operating cycle data relate to the amount

Use the BOP analysis to briefly discuss how the operating cycle data relate to the amount of working capital and the current and acid-test ratios.

  The valentine company has decided to buy a machine costing

the valentine company has decided to buy a machine costing 14750. estimated cash savings from using the new machine

  What is the sarbanes-oxley act of 2002 sox has emphasized

what is the sarbanes-oxley act of 2002 sox has emphasized the importance of ethical behavior and codes of conduct.

  Determining the permanent or temporary differences

The loss will be tax deductible when paid in 2014. The enacted tax rate is 40% in 2013 and future years. There were no other permanent or temporary differences other than those listed above. Z Corp taxable income and enacted tax rates in its first..

  Primary securities market and secondary securities market

What are the primary securities market and the secondary securities market? Identify two securities exchanges and how they influence trading and the investor.

  Boing inc operates a commuter airline last year the airline

boing inc operates a commuter airline last year the airline flew 10000 flights and sold 400000 one way tickits at 59

  A company believes it can sell 5000000 of its proposed new

a company believes it can sell 5000000 of its proposed new optical mouse at a price of 11.00 each. there will be

  On the basis of financial considerations alone should

larry miller the general manager of basil software must decide when to release the new version of basils spreadsheet

  A large corporation hires you as a consultant the firm has

a large corporation hires you as a consultant. the firm has accumulated tax losses and it expects to be in this

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