Business, 11.02.2020 05:03 dtilton2003
Apr. 2 Purchased merchandise from Lyon Company under the following terms: $4.600 price. invoicedated April 2. credit terms of 2/15, N60. and F08 shipping point.3 Paid $300 for shipping charges on the April 2 purchase.4 Returned to Lyon Company unacceptable merchandise that had an invoice price of $600.17 Sent 3 check to Lyon Company for the April 2 purchase, net of the discount and the returnedmerchandise.18 Purchased merchandise from Frist Corp. under the following terms: $8.500 price. invoice datedApril 18, credit terms of 2110, n/30, and F08 destination.21 Alter negotiations, received from Fn'st a $1,100 allowance on the April 18 purchase.28 Sent check to Frist paying for the April 18 purchase, net of the discount and allowance. Prepare journal entries to record the above transactions for a retail store. Assume a perpetual inventorysystem.
Answers: 3
Business, 22.06.2019 06:00
Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.
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Business, 22.06.2019 12:30
Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented
Answers: 1
Apr. 2 Purchased merchandise from Lyon Company under the following terms: $4.600 price. invoicedated...
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