On june 10, cullumber company purchased $6,300 of merchandise on account from whispering winds company, fob shipping point, terms 1/10, n/30. cullumber company pays the freight costs of $410 on june 11. damaged goods totaling $300 are returned to whispering winds for credit on june 12. the fair value of these goods is $70. on june 19, cullumber company pays whispering winds company in full, less the purchase discount. both companies use a perpetual inventory system. prepare journal entries for both company separately.

What is the second step in communication planning? determine the purpose of the message outline the communication for delivery determine the best channel of communication clarify objectives identify the audience

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.