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Setler [38]
4 years ago
7

Does anyone have some sort of idea for inventing something, that would be useful to everyone in the world? It could be as simple

as something like whoever created the travel mug, because they realized it's hard to bring a cup with no cap in the car. Let me know :)
Business
1 answer:
masha68 [24]4 years ago
3 0
<span>Peripheral vision eyeglasses for bicyclists everywhere. It would provide a field of vision that will help avoid any accidents.

I hope this helps you! :)</span>
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Jupiter Company sells goods to Danone Inc. by accepting a note receivable on January 2, 2017. The goods have a sales price of $6
Brut [27]

Answer:

Explanation:

a. Net method

The journal entries are shown below:

January 2, 2017

Notes receivable A/c Dr  $600,000    ($610,000 - $10,000)

       To Sales revenue $600,000

(Being goods are sold on credit)

Cost of goods sold A/c Dr $500,000

        To Inventory A/c $500,000

(Being the cost of goods sold is recorded)

On January 28, 2017

Cash A/c Dr $610,000

     To Notes receivable A/c  $600,000

     To Sales discount A/c $10,000

(Being cash received is recorded)

b. Gross method

The journal entries are shown below:

January 2, 2017

Notes receivable A/c Dr  $600,000    ($610,000 - $10,000)

       To Sales revenue $600,000

(Being goods are sold on credit)

Cost of goods sold A/c Dr $500,000

        To Inventory A/c $500,000

(Being the cost of goods sold is recorded)

On January 28, 2017

Cash A/c Dr $610,000

     To Notes receivable A/c  $600,000

(Being cash received is recorded)

8 0
4 years ago
Sharon would make an adjustment entry to __________ to record the $500 her company received from a customer to perform future se
makkiz [27]

Answer:

the ending balance of the unearned revenue is $3,225

Explanation:

The computation of the ending balance is shown below:

= Amount received from the customer for performing the future service + balance in the account

= $500 + $2,725

= $3,225

Therefore the ending balance of the unearned revenue is $3,225

The above formula should be applied

5 0
3 years ago
Extra Sandwiches, a sandwich chain, experiments with offering a free bag of chips with its sandwiches in the South to try out it
Aleksandr [31]

If  a sandwich chain, experiments with offering a free bag of chips with its sandwiches. This sandwich chain is in the <u>test marketing</u> stage.

<h3>What is test marketing?</h3>

Test marketing stage can be defined as the stage that is use to know how good or how bad a product is based on the response of the consumer that have use or tasted a product or based on the feedback received.

Most companies tend to make use of test marketing  create product awareness or to build brand awareness and to know the reaction of potential customers.

Therefore This sandwich chain is in the <u>test marketing</u> stage.

Learn more about test marketing here:brainly.com/question/9314688

5 0
2 years ago
On January 1, 20X5, Blaugh Co. signed a long-term lease for an office building. The terms of the lease required Blaugh to pay $1
umka2103 [35]

Answer

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

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
Marvin Corporation has the following information reported on the balance sheet as of December 31, 2017 Common Stock, $10 par val
SCORPION-xisa [38]

Answer:

  • How many shares of common stock are outstanding?

C. 3,000

Explanation:

Treasury stock, are those that the company repurchase from the market and keep it in the company, in this case the company keep the shares in the accounting and the shares could be reissued in the future.

The company issued 9,000 shares, it is reflected in the Common Stock account,  $90.000 / $10 = 9,000.

Then in the Treasury Stock account are registered the shares that the company repurchases from the market, these are, 6,000 shares.

Finally the total Common Shares outstanding are 3,000.

3 0
4 years ago
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