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
prohojiy [21]
3 years ago
13

Merry Maidens Cleaning generally charges $280 for a detailed cleaning of a normal-size home. However, to generate additional bus

iness, Merry Maidens is offering a new-customer discount of 10%. On May 1, Ms. E. Pearson has Merry Maidens clean her house and pays cash equal to the discounted price. Required: Record the revenue earned by Merry Maidens Cleaning on May 1.
Business
1 answer:
xeze [42]3 years ago
7 0

Answer:

May 1

DR Cash $252

CR Service Revenue $252

<em>(To record payment for services rendered)</em>

Working

Cash = Net Service revenue

Net Service revenue = $280 * ( 1 - 10%)

= 280 * 90%

= $252

You might be interested in
Write about the main occupation of nepal​
Zanzabum

Answer:

The main occupation of Nepal is agriculture. The process of producing foods, vegetable, crops by cultivating land is known as agriculture. About 80% of people are involved in agriculture as their occupation. Agriculture is the base of the Nepalese people and also for Nepal.

3 0
3 years ago
What is plagiarism? a. Stealing a digital image through a file-sharing network. c. Claiming someone else's written work as your
xz_007 [3.2K]
The answer is ♦<span>Claiming someone else's written work as your own.♦</span>
3 0
3 years ago
Read 2 more answers
Clarence lives in Maine, which has a sales tax of 5%. He just bought a digital camera whose full price was $725, but after sendi
Doss [256]

Answer:

=$600

Explanation:

Full price refers to the highest amount payable, or the total amount to be paid. Clarence must have paid the full paid which was $725.

A rebate is promotions discount given by the manufacturer. It is enjoyed by way of claiming after purchase.  By filling the rebate forms , Clarence was claiming the discount entitled to her. She got a check of $125.

Her final expenditure on the camera  was $725- $125= $600

=$600

4 0
3 years ago
Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory wa
Dimas [21]

Answer:

COGS= $598,020

Explanation:

Giving the following information:

Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory was $67,000, and his ending inventory is $77,200. During the year, Kevin withdrew $1,780 in inventory for his personal use.

We need to deduct the inventory used for personal use.

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 67,000 + 610,000 - 77,200 - 1,780

COGS= $598,020

3 0
3 years ago
According to the textbook, government price controls fail because: A. they are not enforced. B. legislation cannot repeal basic
Morgarella [4.7K]

Answer:

The correct answer is letter "B": legislation cannot repeal basic economic motives.

Explanation:

Government price controls are regulations imposed by the central government of a country to set limits on prices of certain goods or services because of a surplus, shortage or simply to maintain the demand and supply of those products at their equilibrium level.  

However, the demand for some of those products could be unpredictable because individuals could react in opposite directions even if the government has set rules against consumers' favor. <em>Customers' motives might not be always repealed by legislation</em>.

4 0
3 years ago
Other questions:
  • Most people are willing to fib every once in a while to be successful in their work.
    10·2 answers
  • All fees and costs associated with the booking of a hotel room reservation for a consumer need to be disclosed in which of the f
    6·1 answer
  • Gawker Media’s founder, Nick Denton, discusses that although some of its sites needed to cut staff, for many of Gawker’s core br
    14·1 answer
  • Zhao Co. has fixed costs of $354,000. Its single product sells for $175 per unit, and variable costs are $116 per unit. The comp
    13·1 answer
  • A company has introduced a new product in the market. The company distributes free samples of this product to people so that the
    6·1 answer
  • From the following facts calculate what Eva Main paid Jade Co. for the purchase of a dining room set. Sale terms are 4​/10, ​n/3
    14·1 answer
  • Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4.5 pound
    11·1 answer
  • 4. explain the main advantage of retained profits as a source of finance
    14·1 answer
  • Intermediaries are businesses involved in selling the goods and services of producers to consumers and other businesses.
    5·1 answer
  • Azure inc. , an information technology company, uses a quartile strategy and positions itself in the third quartile to develop i
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!