)using the following information, what is the amount of cost of merchandise sold?
purch...
)using the following information, what is the amount of cost of merchandise sold?
purchases
$32,000
purchases discounts
$960
merchandise inventory september 1
5,700
merchandise inventory
september 30
6,370
sales returns and allowances
910
sales
63,000
purchases returns and allowances
1,200
freight in
1,040
a. 26,900
b. 20,530
c. 30,210
d. 28,130
Answers: 3
Business, 21.06.2019 21:00
Case in point 2.4 attaway airlines, part two back at attaway airlines, the morning meeting ended with no agreement between dan esposito and molly kinnon. in fact, a new issue arose. molly now says that the new accounting system is entitled to the highest priority because the federal government soon will require the reporting of certain types of company-paid health insurance premiums. because the current system will not handle this report, she insists that the entire accounting system is a nondiscretionary project. as you might expect, dan is upset. can part of a project be nondiscretionary? what issues need to be discussed? the committee meets again tomorrow, and the members will look to you, as the it director, for guidance.
Answers: 1
Business, 22.06.2019 15:00
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
Business, 22.06.2019 18:30
Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness
Answers: 2
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