Find what the amount to be collected is

Assignment Help Accounting Basics
Reference no: EM132728401

Problem 1: P sold merchandise at list price of P250,000, 10%, 5%; n/30. Part of the sale amounting to P10,000 was returned due to defect. The amount to be collected is:

Problem 2: The cost of sale is P250,000. Total purchases amounted to P300,000 which increased the total goods available for sale to P310,000. The ending inventory is

Reference no: EM132728401

Questions Cloud

What f gross profit for year two is : Purchases, P250,000; Ending Inventory, P90,000. Year 2 - Sales, P250,000; Purchases, P150,000; Ending Inventory, P40,000. F's gross profit for year 2 is
What is amount of net sales to be recognized by vice guapo : What is the amount of net sales to be recognized by Vice Guapo from the sales made to Darren? Sold merchandise to Darren, P30,000, Terms: 2/15
Determine the amount of gross purchases : Determine the amount of gross purchases: Merchandise inventory, beginning, P85,300; Cost of merchandise available for sale. P550,000
Family nurse practitioner : Explain your career goals and why you want to be a "Family Nurse Practitioner". Be sure to include "Family Nurse Practitioner" in the body of the essay.
Find what the amount to be collected is : P sold merchandise at list price of P250,000, 10%, 5%; n/30. Part of the sale amounting to P10,000 was returned due to defect. The amount to be collected is
Summarize the overall health behaviors of the family : Summarize the overall health behaviors of the family. Describe the current health of the family. Based on your findings, describe at least two of the functional
What o will receive : O sold merchandise at list price of P150,000, 10%; 1/10; n/30. If the account is collected 8 days from the invoice date, O will receive
Determine journal entry in the books of m to record : Determine journal entry in the books of M to record the credit memo is. Inspection of merchandise revealed that P20,000 worth of merchandise
Organizational communications based on your studies : You will assess your skills in interpersonal, group, and organizational communications based on your studies of these forms of communication

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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