Business, 06.12.2019 00:31 ndunn692

Presented below are selected transactions of molina company. molina sells in large quantities to other companies and also sells its product in a small retail outlet.
march 1: sold merchandise on account to dodson company for $10,000, terms
5/10,n/30
march 3: dodson company returned merchandise worth $500
to molina.
march 9: molina collected the amount due from dodson company from the march 1
sale.
march 15: molina sold merchandise for $1,400
in its retail outlet. the customer used his molina credit card.
march 31: molina added 1% monthly interest to the customer's credit card balance.
prepare journal entries for the transactions above.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 01:20

Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $58. a, compute the percentage total return. (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. what was the dividend yield and the capital gains yield? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers: 2

Answer

Business, 22.06.2019 09:00

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

Answers: 3

Answer

Business, 22.06.2019 11:00

Which ranks these careers that employers are most likely to hire from the least to the greatest?

Answers: 2

Answer

Business, 22.06.2019 11:40

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

Answers: 1

Answer

You know the right answer?

Presented below are selected transactions of molina company. molina sells in large quantities to oth...

Questions