Answer:
Dr Cash $825
Cr Sales Returns and Allowances $800
Cr Sales Discounts $25
Explanation:
Preparation of the journal entry that Concord Company make upon receipt of the check
Dr Cash $825
($800+$25)
Cr Sales Returns and Allowances $800
Cr Sales Discounts $25
(To record receipt of the check)
Sales discount=(Sales Price -Sales return) × 1%
Sales discount=($3300 - $800) × 1% = $25
Answer:
low; lowers
Explanation:
The Fed usually lowers the interest rate to improve the economic, to encourage investors and borrowers. When a job is stable that’s the point when fed lowers the interest rate. Likewise, when rates are excessively low, it can further increases economic growth which leads to increase in inflation, decreasing buying power and undermining the supportability of the financial extension.
Answer:
B) $3,580.14 million.
Explanation:
Market capitalization is the total value of the enterprise. It is the sum of total outstanding shares of the company. Market capitalization is calculated by multiplying outstanding shares of the company by current market price of the each share.
Market Capitalization = No. of outstanding shares * Market price of each share
Market Capitalization = 91.33 million * $39.20
Market Capitalization = $3,580.14 million.
Answer:
b
Explanation:
this message and deleting a great time to meet at all of you guys can do you want the other one to be honest with my resume is a bit and he will need anything to a few months
Answer and Explanation:
1st Sep Land 85400/140000*120000 $73,200
Building 54600/140000*120000 $46,800
Cash $120,000
2nd Sep Equipment 42000*0.91743 $38,532.06
Discount 3780*0.91743 $3,467.94
Notes Payable $42,000
15th Sep Truck $2,700
Sales Revenue $2,700
18th Sep Organization Cost Expenses $4,000
Cash $4,000
10th Oct Machinery $17,600
Cash $17,600
2nd Dec Office Equipment $5,700
Common Stock $5,700
10th Dec Land $22,000
Cash $3,000
Notes Payable $19,000