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Silver Co. sold merchandise to Bronze Co. on account, $24,076, terms 2/15, net 45. The cost of the merchandise sold is $14,649. Silver Co. issued a credit memorandum for $3,472 for merchandise returned that originally cost $1,267. The Bronze Co. paid the invoice within the discount period. What is amount of net sales from the above transactions?
staley company has 30 order operators with associated costs of 1000000 per year. staley calculated that each operator
1.at the end of the current year accounts receivable has a balance of 750000 allowance for doubtful accounts has a
a company expects to produce and sell 20000 units of a single product. management desires a 22 return on assets of
A clerk accidentally posts a prenumbered sales invoice of $625 as $265 to a customer's account. What control would detect this error?
1.in practice dividendsfluctuate more widely than earningstend to be a lower percentage of earnings for mature
speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the companys
Calculate the average variable rate for the following costs: food and wages, delivery costs, and other costs.
lenter supply company is a medium-sized distributor of wholesale hardware supplies in the central ohio area. it has
1. in 2013 rocio invested 30000 in a cattle-feeding partnership that used nonrecourse notes to purchase 100000
abc hardware store is open for business 350 days a year. annual demand for a power cutter at this store is 700 units.
Illustrate the effects on the accounts and financial statements of recording the following selected transactions of LoneStar Leather Co.:
A business pays weekly salaries of $15,000 on Friday for a 5-day week ending on day. The adjusting entry require at the end of fiscal period ending on Thursday is;
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