SAMSUNG *8453%
10:37 AM
e
glass bowls, 12 Chairs (Less 20% trade discount,
Invoice number 112, SL page 6)
(C)August 18th V. Stanley purchased 15 pots, 24
chairs. (Less 25% Trade Discount, Invoice no. 114,
SL page 16.)
(d) August 20th D. Jason purchased 4 baskets,
12 glass bowls (Less 33.5% trade discount, invoice
number 114, SL page 28)
(2) August 31st P. Bowen, purchased 10 baskets,
5 pots, 5 chairs, 10 glass bowls. Less 25% trade
discount SL page 28)
Instructions:
(a) Calculate the total amount due from each
customer, less trade discount. (10 marks)
(b) Use the information posted in A to construct the
sales journal page 37. (10 Marks)
(c) Post the amounts to the debtors accounts in the
sales ledger (5 marks)
(d) Post the total sales to the Sales account in the
General Ledger (1 mark)
(C) Post

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

Fill in the missing words to correctly complete each sentence about analyzing a job posting. when reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. if the post has been up for a while or it’s already closed, move on to the next position. if it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.

Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.