1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
posledela
3 years ago
15

Journalize the following transactions for Armour Inc. using both the periodic inventory system and the perpetual inventory syste

m, presented in a side-by-side format shown at the end of this exercise.Oct.7 Sold merchandise on credit to Rondo Distributors, terms n/30, FOB destination, $1,200; the cost of the merchandise was $720.Oct. 8 Purchased merchandise, $10,000, terms FOB shipping point, 2/15, n/30, with prepaid freight charges of $525 added to the invoice.

Business
1 answer:
slega [8]3 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

You might be interested in
a. Only institutions, and not individuals, can participate in derivatives market transactions. b. If you purchased 100 shares of
Marina CMI [18]

Answer:

e. As they are generally defined, money market transactions involve debt securities with maturities of less than one year.

Explanation:

Statement E, As they are generally defined, money market transactions involve debt securities with maturities of less than one year is true.

Statement A is not true. It is primary market transaction.

Statement B is not true. Individuals can also participate in derivatives market transactions.

Statement C is not true. The IPO market is a subset of the primary market.

Statement D is not true. It is a direct transfer of capital.

4 0
3 years ago
An adjusting entry that increases an asset and increases a revenue is known as a(n):
quester [9]

<u>Answer:</u>

<em>An adjusting entry that increases an asset and increases a revenue is known as Accrued Revenue.</em>

<u>Explanation:</u>

when an organization has earned income yet hasn't yet gotten money or recorded a sum receivable For the<em> situation of gathered incomes</em>, we get money after we earned the income and recorded an advantage.

The modifying section for a collected income consistently incorporates a charge to an advantage account (increment a benefit) and an a worthy representative for an<em> income account (increment an income).</em>

7 0
3 years ago
Which food was received in the temperature danger zone
Luba_88 [7]
Temperature danger zone is defined as the specified range of temperature at which micro organisms grow rapidly in food. The danger zone ranges from 40F to 140F. To keep food out of danger zone, cold food must be kept at or below 40F while hot food must be kept at or above 140F. From the question given above, three of the food fall in the temperature danger zone, but cottage cheese is still safe at 40F because of the fermentation process by which it was made and shell egg is still safe at 43F because it has shell to protect it. Thus, the correct answer is POTATO SALAD AT 46F.
5 0
3 years ago
Marta's boss tells off-color jokes and tolerates sexually based teasing by male employees of women employees. when she complains
natta225 [31]
First, it is an example of POOR MANAGEMENT. The whole scenario is an example of sexual harassment.
She can do three things; report it higher and risk retaliation, accept it as joking, and lastly LEAVE, get another job.
3 0
3 years ago
51502194 I hate you can everyone please report him
Assoli18 [71]

Answer: why do you hate this person so much

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Twilight Co. started operations in 2017 and has the following information at the end of June, 2021: $420,000 in its Accounts Rec
    14·1 answer
  • Which of the following goals does the government pursue in a socialist economic system
    5·1 answer
  • Which of the following is an advantage of using technology in recruiting?
    5·1 answer
  • Taylor Company purchased a piece of equipment for $2,000 several years ago. It would cost $4,000 to replace that piece of equipm
    15·1 answer
  • On June 25, Easy Repair Service extended an offer of $150,000 for land that had been priced for sale at $171,000. On July 9, Eas
    5·1 answer
  • Bruce receives 20 stock rights in a nontaxable distribution. The stock rights have an FMV of $5,000. The common stock with respe
    9·1 answer
  • What is the correct answer If marginal cost is rising in a competitive firm's short-run production process and its average varia
    10·1 answer
  • Use the following quotation to answer the question.“If men were angels, no government would be necessary.” —James Madison, Feder
    13·1 answer
  • Henry David Thoreau believed that a. economic independence was essential for freedom. b. government was the ultimate expression
    13·1 answer
  • _______ is a system for gathering information from respondents by continuously monitoring the advertising, promotion, and pricin
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!