How do you journalize transaction
How do you journalize this transaction?
Purchased merchandise on account from Miramar Co., list price $45,000, trade discount 20% , terms FOB shipping point, 2/10, n/30, with prepaid freight of $1,200 added to the invoice.
Expected delivery within 24 Hours
All direct materials are addeed at the beginning of the production cycle. Weighted-average costing is used by Lumbar.
Briefly discuss the accounting and securities market differences between these two methods of increasing the number of shares outstanding.
On January 1, 2010, Gore Co. sold to Cey Corp. $400,000 of its 10% bonds for $354,118 to yield 12%. Interest is payable semiannually on January 1 and July 1. What amount should Gore report as interest expense for the six months ended June 30, 2010
Based on the information given above, what gain or loss on the retirement of bonds should be reported in the 2008 consolidated income statement?
How do you journalize this transaction? Purchased merchandise on account from Miramar Co., list price $45,000, trade discount 20% , terms FOB shipping point, 2/10, n/30, with prepaid freight of $1,200 added to the invoice.
Discuss the reasons why Jordan would want to treat the leases as a sales-type instead of operating leases
We have learned that a positive cash balance is an asset and that an asset's balance decreases with a credit entry and increases with a debit entry. If this is the case, why do banks refer to these withdrawals (account reductions) as a "debit?" Pl
Prepare a CVP income statement for 2010, assuming the changes are made as described.
Determine sales mix percentage and contribution margin ratio for each division.
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Answers this question in first person narration, Long essay, simple words if I am planning to have a Career as a Social Worker to become a Probation Officer:
Please read and summarize the following article in point-form based upon the following criteria: - You should be able to state what the theme/idea/concept/theo
The living Faith Church Worldwide, also known as the Winners Chapel International, in America is on a mission to plant a Church in Puerto Rico.
Sexism continues to sustain the glass ceiling because it is embedded in social identity expectations and reinforced through implicit bias in decision-making
Blaine and Brenchley (2021) explain that gender stereotypes distort perceptions of competence and leadership fit, so women are more likely to be routed
Sexism sustains these challenges through entrenched social identity processes and gender role expectations. Social identity theory explains in group favoritism
Gender stereotypes remain deeply rooted in cultural expectations, and these assumptions often shape how individuals are perceived and evaluated