Business, 25.03.2021 18:10 djmccarter
The beginning inventory of merchandise at Rhodes Co. and data on purchases and sales for a three-month period ending June 30 are as follows:
Date Transaction Number of Units Per Unit Total
Apr. 3 Inventory 78 $450 $35,100
8 Purchase 156 540 84,240
11 Sale 104 1,500 156,000
30 Sale 65 1,500 97,500
May 8 Purchase 130 600 78,000
10 Sale 78 1,500 117,000
19 Sale 39 1,500 58,500
28 Purchase 130 660 85,800
June 5 Sale 78 1,575 122,850
16 Sale 104 1,575 163,800
21 Purchase 234 720 168,480
28 Sale 117 1,575 184,275
Required:
Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory
Answers: 1
Another question on Business
Business, 22.06.2019 18:00
Match the different financial task to their corresponding financial life cycle phases
Answers: 3
Business, 22.06.2019 19:00
Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.
Answers: 2
Business, 23.06.2019 02:50
Ll companies has sales of $9,800, net income of $1,060, total assets of $8,950, and total debt of $4,760. assets and costs are proportional to sales. debt and equity are not. a dividend of $371 was paid, and the company wishes to maintain a constant payout ratio. next year's sales are projected to be $10,584. what is the amount of the external financing need?
Answers: 3
Business, 23.06.2019 12:10
A) maklumat di bawah menunjukkan beberapa kos yang terlibat dalam proses pengeluaran sesebuah firma-kain sutera-cukai jualan-sewa kilang-insurans kebakarani) berdasarkan maklumat di atas, apakah jenis kos yang terlibat? ii) apakah perbezaan antara kos kain sutera dan kos sewa kilang
Answers: 1
You know the right answer?
The beginning inventory of merchandise at Rhodes Co. and data on purchases and sales for a three-mon...
Questions
Biology, 25.07.2019 15:00
Mathematics, 25.07.2019 15:00
Mathematics, 25.07.2019 15:00
Physics, 25.07.2019 15:00
History, 25.07.2019 15:00
Business, 25.07.2019 15:00
