1. Net sales = Sales revenue - Sales returns and allowances - Sales discounts
Putting the given values in the above formula, we get,
Net sales = $350000 - $18000 - $12000
Net sales = $320000
pereteni) expense 92.800 Sales Pelunst allan 18.000 Sales discounts Sales Revenues 358000 174,000 What is nome...
financial Auаust 2020, Shelby's Supply Stow Generated seronues on 65.000 The Complint espouses as follows Cost of good sold 3300 operating expenses 700, rent revenue 2000 and loss on sale of delivery truck of 30DD. most plete bet Algust 2020
please help solve the problem, I’ve attached what I have done so far, but the only time it balances is when i dont add divends. Flagstaff Corporation's capital structure consists of 50,000 shares of common stock. The December 31, 2020 account balances are listed below (except as noted). All adjusting entries have been made except for the accrual of taxes (20% tax rate). $1,505,000 19,000 - 681,000 75.000 143,000 65,000 92,000 180,000 162,700 7,500 - 158,000 5,800 Sales Purchase Discounts...
Assignments Required: Making journal entries for each transaction in chronological order. The 2019 Balance Sheet of the Victoria Co. is as follows: Victoria Co. Balance Sheet As of December 31, 2019 Cash Notes Receivable Accounts Receivable Less: Allowance for Doubtful A/Cs Inventories Office Supplies Prepaid Insurance Prepaid Rent Total Current Assets Long-term Investments Investments in securities Land for future development Property, Plant, and Equipment Land Buildings Less: Accu. Depreciation Intangible Assets Capitalized Development Costs Goodwill Other Intangible Assets Total Non-Current...
i need help with number 4, preparing the income statement, retained earnings statement, and the balance sheet. this is the information that i have. Accounting Cycle Project (Group) ACCT3303 Spring 2020 Assignments Required: 1) Making journal entries for each transaction in chronological order. 2) Posting to the general ledger and prepare trial balance before adjustment. 3) Making adjusting entries and prepare adjusted trial balance. 4) Prepare Income Statement, Retained Earnings Statement, and Balance Sheet 5) Making closing entries. 6) Put...
I just completed the Journal Entries and according to the comment the next step is the trial balance. Can you please help me with this. journal Entries are attached. If there are any mistakes in the General Journal please let me know. Victoria Co. Balance Sheet As of December 31, 2019 Cash Notes Receivable Accounts Receivable Less: Allowance for Doubtful A/Cs Inventories Office Supplies Prepaid Insurance Prepaid Rent Total Current Assets Long-term Investments Investments in securities Land for future development...
Given the value line: a.) what is the top line growth for 2015? b.)Bottom-Line? c.) Annual dividen per share? d.) Current ratio in 2014? e.) % bonds of Captial structure f.) p/e ratio g.) beta h.) EBITDA % I.) Long-Debt % change 2015 We were unable to transcribe this image41.65 TO 20.1 (Media 92) ATM 1.12 ** 3.4% YAKE 1965 07 2:22. 87 3. 35.8 COCA-COLA NYSE:KO TIMELINESS 4 Lowered 70115 h: 289 29 SAFETY . 1 New 727190 LEGENDS...