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pharaoh company accepted a Visa card payment
Question 2 View Policies Current Attempt in Progress Consider...
please help with this accounting question! Question 2 View Policies Current Attempt in Progress Consider these tran...
please help with this accounting question!
Current Attempt in Progress Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Cullumber Company accepted a Visa card in payment of a $350 lunch bill. The bank charges a 4% fee. What entry should Cullumber make? Marin Inc. sold its accounts receivable of $62.600. What entry should Marin make, given a service charge of 4 % on the amount of receivables so (a) () No....
Brief Exercise 8-6 Consider these transactions: (Credit account titles are automatically indented when amount is entered....
Brief Exercise 8-6 Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Shamrock, Inc. accepted a Visa card in payment of a $200 lunch bill. The bank charges a 396 fee, what entry should Shamrock, Inc. make? Nash's Trading Post, LLC sold its accounts receivable of $61,600, what entry should Nash's Trading Post, LLC make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and...
Send to Gradebook Question 1 View Policies Current Attempt in Progress The following transactions occurred in...
Send to Gradebook Question 1 View Policies Current Attempt in Progress The following transactions occurred in April and May. Both companies use a perpetual inventory system. Apr. 5 Pharoah Company purchased merchandise from DeVito Company for $12,300, terms 2/10, 1/30,FOB shipping point. DeVito had paid $8,500 for the merchandise. 6 The correct company paid freight costs of $270. 8 Pharoah Company returned damaged merchandise to DeVito Company and was given a purchase allowance of $2.000. DeVito determined the merchandise could...
please help with this accounting question! Question 11 View Policies Current Attempt in Progress On March...
please help with this accounting question!
Question 11 View Policies Current Attempt in Progress On March 3, Oriole Company sells $736,600 of its receivables to Western Factors Inc. Western Factors Inc. assesses a service charge of 4% of the amount of receivables sold Prepare the entry on Oriole Company books to record the sale of the receivables. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 3...
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent...
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Ivanhoe Company accepted a Visa card in payment of a $200 lunch bill. The bank charges a 3% fee. What entry should Ivanhoe make? (b) Metlock, Inc. sold its accounts receivable of $61,700. What entry should Metlock make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (a) (b)
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent ma...
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Crane Company accepted a Visa card in payment of a $300 lunch bill. The bank charges a 4% fee. What entry should Crane make? (b) Larkspur, Inc. sold its accounts receivable of $59,400. What entry should Larkspur make, given a service charge of 4% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (a) (b)
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent ma...
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Crane Company accepted a Visa card in payment of a $400 lunch bill. The bank charges a 3% fee. What entry should Crane make? (b) Larkspur, Inc. sold its accounts receivable of $64,500. What entry should Larkspur make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (b)
Brief Exercise 8-07 Consider these transactions: (Credit Countries are automatically indented o n a n interes....
Brief Exercise 8-07 Consider these transactions: (Credit Countries are automatically indented o n a n interes. Det indent l y.) (a) Cullumber Company accepted a Visa card in payment of a $275 lunch bill. The bank charges a 4% fee. What entry should Cullumber make? (b) Marin Inc. sold its accounts receivable of $69,100. What entry should Marin make, given a service charge of 4% on the amount of receivables sold? No. Account Titles and Explanation
View Policies Current Attempt in Progress Shamrock Corporation has pretax financial income (or loss) from 2015...
View Policies Current Attempt in Progress Shamrock Corporation has pretax financial income (or loss) from 2015 through 2021 as follows. 2015 2016 2017 2018 2019 2020 2021 Income (Loss) Tax Rate $58,560 25 % (183,000) 20% 109,800, 20% 36,600 20% 128,100 20% (73,200) 25 % 73,200 25% Pretax financial income (loss) and taxable income (loss) were the same for all years since Shamrock has been in business. In recording the benefits of a loss carryforward, assume that it is more...
CALCULATOR Brief Exercise 8-6 Consider these transactions: (Credit account titles are automatically indented whe...
CALCULATOR Brief Exercise 8-6 Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Grouper Corp. accepted a Visa card in payment of a $2,200 lunch bill. The bank charges a 3% fee. What entry should Grouper Corp. make? (b) Blue Spruce Corp. sold its accounts receivable of $66,900. What entry should Blue Spruce Corp. make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and...
please help with this accounting question!
Current Attempt in Progress Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Cullumber Company accepted a Visa card in payment of a $350 lunch bill. The bank charges a 4% fee. What entry should Cullumber make? Marin Inc. sold its accounts receivable of $62.600. What entry should Marin make, given a service charge of 4 % on the amount of receivables so (a) () No....
Brief Exercise 8-6 Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Shamrock, Inc. accepted a Visa card in payment of a $200 lunch bill. The bank charges a 396 fee, what entry should Shamrock, Inc. make? Nash's Trading Post, LLC sold its accounts receivable of $61,600, what entry should Nash's Trading Post, LLC make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and...
Send to Gradebook Question 1 View Policies Current Attempt in Progress The following transactions occurred in April and May. Both companies use a perpetual inventory system. Apr. 5 Pharoah Company purchased merchandise from DeVito Company for $12,300, terms 2/10, 1/30,FOB shipping point. DeVito had paid $8,500 for the merchandise. 6 The correct company paid freight costs of $270. 8 Pharoah Company returned damaged merchandise to DeVito Company and was given a purchase allowance of $2.000. DeVito determined the merchandise could...
please help with this accounting question!
Question 11 View Policies Current Attempt in Progress On March 3, Oriole Company sells $736,600 of its receivables to Western Factors Inc. Western Factors Inc. assesses a service charge of 4% of the amount of receivables sold Prepare the entry on Oriole Company books to record the sale of the receivables. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 3...
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Ivanhoe Company accepted a Visa card in payment of a $200 lunch bill. The bank charges a 3% fee. What entry should Ivanhoe make? (b) Metlock, Inc. sold its accounts receivable of $61,700. What entry should Metlock make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (a) (b)
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Crane Company accepted a Visa card in payment of a $300 lunch bill. The bank charges a 4% fee. What entry should Crane make? (b) Larkspur, Inc. sold its accounts receivable of $59,400. What entry should Larkspur make, given a service charge of 4% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (a) (b)
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Crane Company accepted a Visa card in payment of a $400 lunch bill. The bank charges a 3% fee. What entry should Crane make? (b) Larkspur, Inc. sold its accounts receivable of $64,500. What entry should Larkspur make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (b)
Brief Exercise 8-07 Consider these transactions: (Credit Countries are automatically indented o n a n interes. Det indent l y.) (a) Cullumber Company accepted a Visa card in payment of a $275 lunch bill. The bank charges a 4% fee. What entry should Cullumber make? (b) Marin Inc. sold its accounts receivable of $69,100. What entry should Marin make, given a service charge of 4% on the amount of receivables sold? No. Account Titles and Explanation
View Policies Current Attempt in Progress Shamrock Corporation has pretax financial income (or loss) from 2015 through 2021 as follows. 2015 2016 2017 2018 2019 2020 2021 Income (Loss) Tax Rate $58,560 25 % (183,000) 20% 109,800, 20% 36,600 20% 128,100 20% (73,200) 25 % 73,200 25% Pretax financial income (loss) and taxable income (loss) were the same for all years since Shamrock has been in business. In recording the benefits of a loss carryforward, assume that it is more...
CALCULATOR Brief Exercise 8-6 Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Grouper Corp. accepted a Visa card in payment of a $2,200 lunch bill. The bank charges a 3% fee. What entry should Grouper Corp. make? (b) Blue Spruce Corp. sold its accounts receivable of $66,900. What entry should Blue Spruce Corp. make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and...
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