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
sladkih [1.3K]
3 years ago
13

Cosmos company on july 15 sells merchandise on account to cajon co. for $6,000, terms 2/10, n/30. on july 20 cajon co. returns m

erchandise worth $1,000 to cosmos company. on july 24 payment is received from cajon co. for the balance due. what is the amount of cash received?
Business
1 answer:
faust18 [17]3 years ago
8 0
On July 15, there is pending 6000 on the cash account.

Then on July 20, Cajon Co. returns the merchandise of 1000, so the pending cash decreases and now it is only 5000.

Afterwards, on July 24, Cajon paid for the merchandise. Since the credit terms is 2/10, 2 percent discount will be given if they paid within 10 days. So 5000 multiplied by . 02 = 100. 5000 - 100 = $4900 is the amount of cash received.
You might be interested in
Mike begins an excavation on his land to construct a new building. The excavation causes a subsidence in neighboring lands and b
aalyn [17]

Answer:

Molly may not recover damages.

Explanation: According to land act molly may not recover damages.

  • Land law act is the body of law dealing with the right to exploit, alienate or exclude others from the land. In many countries, these forms of land are referred to as property or real estate, as distinct from personal property.
  • Through statute, a landowner has the right to the lateral protection of neighboring properties.
  • From the lands of your neighbors but your neighbors have the right to dig their land.
  • The neighbor's weight was the primary cause of the damage caused by ...

7 0
3 years ago
Madison Foods Corp. is frustrated in its efforts to sell products in Europe because several countries are demanding that the com
mixer [17]

Answer: Trade obstacle

Explanation:

From the information given, we can infer that the demands are examples of trade obstacle.

Trade obstacles refers to the barriers which hinder a trade or the restrictions on an international trade. Trade obstacles can be tariffs or other non-tariff methods. Trade obstacles lead to difficulties in the sale of a product to other countries.

4 0
3 years ago
Sami nguyen is responsible for two departments that continually set conflicting goals. sami must get involved in ____ to achieve
Paul [167]
<span>Sami must get involved in communicating between departments. He needs to set meetings so they can reach a joint goal and plan to get there. He needs to foster teamwork.</span>
6 0
3 years ago
The account titles for transaction (C) 5/4 should appear in the Account Title column of the journal entry as
maxonik [38]
The account titles for transaction (C) 5/4 should appear in the Account Title column of the journal entry as s<span>upplies Cash

Hope this helps!!</span>
7 0
4 years ago
What is an agile MIS infrastructure?
jok3333 [9.3K]

Answer:

Explanation:

Based on my research Agile MIS infrastructure Includes the hardware, software, and telecommunications equipment that, when combined, provides the underlying foundation to support the organization’s goals. Like mentioned previously these all combine in order to form a system which gives the organization to the means of achieving the goals and vision set forth by the founding members of the organization.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Other questions:
  • During April, the Meade Enterprises had the following operating results:1. Sales revenue$1,580,000 Gross margin$640,000 2. Endin
    7·1 answer
  • Differentiate organizing from organization
    9·2 answers
  • a. If the value of land in an area is increasing 10.5 percent a year, how long will it take for property values to double? (Roun
    15·1 answer
  • Which of the following are considered to be benefits of international trade? Instructions: In order to receive full credit, you
    7·1 answer
  • Toby purchased a 20-year par value bond with semiannual coupons at a nominal annual rate of 8% convertible semiannually at a pri
    5·1 answer
  • "esprit de corps”' is a term associated with
    14·1 answer
  • Does anyone’s else’s teacher do this and does not let you complete the test-
    6·1 answer
  • Emerald Co. uses a perpetual inventory system and records purchases of merchandise at net cost. The company recently purchased 2
    11·1 answer
  • Which of the following would normally fall under general education requirements at a college?
    14·1 answer
  • Which is a benefit of collaboration and teamwork?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!