Reference no: EM131536634
Question: On 1st October, 1961, Marten consigned goods to the value of £10,000 to Stevens, incurring expenses for freight and insurance of £600. An Account Sales was received from Stevens, who is entitled to a commission of 5% on gross sales, made up to 31st December, 1961, the end of Marten's accounting year, which showed that:
1. 60% of the goods had been sold for £8,000, but only £6,500 had so far been received.
2. Expenses of £300 had been incurred in connection with the goods consigned and £200 in connection with the goods sold. On 15th January, 1962, Marten incurred bank charges of £10 in cashing the sight draft for the balance due, which accompanied the Account Sales from Stevens. A further Account Sales was received, made up to 31st March, 1962, which showed that: 1. The balance of the goods had been sold for £5,500 and SeUing Expenses of £150 had been incurred. 2. All cash due had been received, except that a bad debt of £100 had been incurred. On 15th April, 1962, Marten incurred bank charges of £8 in cashing the sight draft for the balance due, which accompanied the Account Sales from Stevens. Write up the accounts in the books of Marten necessary to reflect the above transactions.
|
Write an article - divorce attorney fort lauderdale
: You need to write an article about 400 words in given topics - divorce attorney fort lauderdale and personal injury lawyer fort lauderdale
|
|
Prepare the ledger accounts in dixon books
: On 1st July, 1962, WiUiams owes Dixon £1,200 and immediately accepts three bills of £400 each due respectively in one, two and four months.
|
|
What are potential problems that management may have
: Communication Assignment: Competency- What are potential problems that management may have when communicating with employees?
|
|
Give the accounts in the books of barlow
: On 1st January, 1961, Barlow and Ring enter into an agreement to provide liquid funds. (1) Barlow accepts a 3 months bill payable to Ring for £1,000.
|
|
Write up the accounts in the books of marten necessary
: On 1st October, 1961, Marten consigned goods to the value of £10,000 to Stevens, incurring expenses for freight and insurance of £600.
|
|
How can the elements and techniques of negotiation be used
: Conflict Assignment: Competency- How can the elements and techniques of negotiation be used to reduce potential conflict with employees?
|
|
Show the net profit
: Duke and Lord entered into a joint venture to buy and sell second-hand cars. Profits and losses were to be shared: Duke two-thirds and Lord one-thh-d.
|
|
What servant leadership values are apparent in the mission
: What servant leadership principles or values are either explicitly or implicitly apparent in the mission/vision statement of the company that professes to be s
|
|
Critical risk factors identified across publications
: Refer the file - Critical risk factors identified across publications and Develop a sample using the articles for your reference
|