In 2012 jackson incorporated had gross sales of 4269200 for

Assignment Help Accounting Basics
Reference no: EM13568149

In 2012, Jackson Incorporated had gross sales of $4,269,200. For 2012, management estimated that returns and allowances would be 5 percent of gross sales. What did Jackson report as net sales on its 2012 income statement?

Reference no: EM13568149

Questions Cloud

Aorporation has 6000000 of 10 bonds and 4000000 of 12 : a corporation has 6000000 of 10 bonds and 4000000 of 12 preferred stock outstanding. the firms financial breakeven
Also assume grahams cash payments for november and december : graham potato company has projected sales of 14400 in september 17000 in october 24400 in november and 20400 in
The inventory accounts for billings incorporated for the : the inventory accounts for billings incorporated for the years ending december 31 2011 2012 and 2013 are shown in the
Who are the stakeholders how does the issue impact each and : long paper the long paper should be 6-8 pages double spaced 12 pt. times new roman. the paper must have a minimum of
In 2012 jackson incorporated had gross sales of 4269200 for : in 2012 jackson incorporated had gross sales of 4269200. for 2012 management estimated that returns and allowances
Find the future values of the following ordinary annuities : find the future values of the following ordinary annuitiesa. fv of 800 paid each 6 months for 5 years at a nominal rate
Ekman company issued 1400000 13-year bonds and agreed to : 1. ekman company issued 1400000 13-year bonds and agreed to make annual sinking fund deposits of 70700. the deposits
Blueline tours inc operates tours throughout the united : blueline tours inc. operates tours throughout the united states. a study has indicated that some of the tours are not
Yur parents will retire in 23 years what annual interest : your parents will retire in 23 years. they currently have 240000 and they think they will need 1600000 at retirement.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Preparing the incremental analysis for decision

Prepare the incremental analysis for the decision to make or buy the lamp shades.

  Determining balance of retained earnings

In April 2006, ABC Motors had Total Sales of $100,000; Total Expenses of $60,000 and a beginning balance of Retained Earnings of $25,000. The company will pay a $10,000 dividend this month (the dividend was declared this month as well). What is th..

  In anticipation of property tax revenues to be received

yarrow county engaged in the following debt-related transactions during the year. required assume that the county

  Calculate the net benefit

Calculate the net benefit (cost) to HP of outsourcing the component from Samina-SCI.

  Prepare a petty cash payments report for february

Prepare a petty cash payments report for February with these categories: delivery expense, milage expense, postage expense, merchandise inventory(for transportation-in).

  Organizations use a variety of performance measures to

organizations use a variety of performance measures to evaluate managers. central to the idea ofresponsibility

  Information about rates of return

Please create a decision tree that shows the logical sequence of the decision problem with recommendation of whether ByComputers should initially invest in bonds or stocks?

  Incremental unlevered net income

Sheppard industries evaluating a proposal expand current distribution facilities. Management projected produce cash flows years (in millions)

  The closing entries for net income and dividends

Journalize the transactions and the closing entries for net income and dividends.

  Underapplied or overapplied overhead into cost of goods sold

Assume that Ortega closes underapplied or overapplied overhead into cost of goods sold. What is the final (i.e adjusted) balance in cost of goods sold?

  Compute cost of goods manufactured

Work-in-process inventory was $12,000 at January 1 and $15,500at December 31. Compute cost of goods manufactured.

  Near the end of 2013 fairview construction company asked

preston concrete is a major supplier of concrete to residential and commercial builders in the pacific northwest. the

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