Business, 20.07.2021 21:20 tytianadyson74
In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales.
a. Pina Colada Corp. enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $37,000 and sales taxes $1,850.
b. Cullumber Company does not segregate sales and sales taxes. Its register total for April 15 is $22,896, which includes a 6% sales tax.
Requried:
Prepare the entries to record the sales transactions and related taxes for Furcal Company.
Answers: 1
Business, 22.06.2019 19:50
Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:
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Business, 22.06.2019 20:40
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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?
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Business, 23.06.2019 03:50
John is a journalist he went to a product demonstration for a new computer some of what he heard was informative while the rest was meant to persuade consumers to buy the product which two statements in the excerpt are persuasive rather than informative
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In performing accounting services for small businesses, you encounter the following situations perta...
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