What amount will shoes inc credit to accounts payable

Assignment Help Accounting Basics
Reference no: EM133161290

Question - Shoes Inc. purchases $1,300 of shoes on account from Suppliers Inc. on July 5, with credit terms of 4/10, n/30. What amount will Shoes Inc. credit to Accounts Payable for the purchase of shoes? Ignore shipping costs.

Reference no: EM133161290

Questions Cloud

Discuss the importance of validity and research design : Discuss the importance of validity and research design.
Provide the language of a written workplace policy : An electric company sends three employees - a crew leader and two regular employees - out to repair a power line after a hurricane. The employees are required t
The evolution of the family : Families have changed over the years. Discuss how and the various household types we find today as compared to past generations.
Minimize training losses due to turnover : Some companies try not to invest in employee training out of fear that the money spent will be wasted if the employee leaves the company.
What amount will shoes inc credit to accounts payable : Shoes Inc. purchases $1,300 of shoes on account from Suppliers Inc. on July 5, with credit terms of 4/10, n/30. What amount Shoes Inc credit to Accounts Payable
Important aspects of organizational development : Engaging the employees is one of the most important aspects of organizational development.
What ways does e-marketing differ from traditional marketing : In what ways does e-marketing differ from traditional marketing? Why are social networks becoming an increasingly important marketing tool? In what ways can the
Describe your application of human behavior : Create an Ecomap and describe your application of a human behavior conceptual framework to guide your practice with that Hispanic client system.
Comprehend early childhood content knowledge : Write a brief summary indicating your knowledge and that you comprehend early childhood content knowledge, its evolution, and its application.

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