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gizmo_the_mogwai [7]
3 years ago
9

Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $252,510, terms n/30. The cost of the goods so

ld is $141,390. Showcase issues a credit memo for $30,380 for merchandise returned prior to Balboa paying the original invoice. The cost of the merchandise returned is $18,740. Journalize Showcase Co.’s entries for (a) the sale, including the cost of the goods sold, (b) the credit memo, including the cost of the returned merchandise, and (c) the receipt of the check for the amount due from Balboa Co. Refer to the Chart of Accounts for exact wording of account titles.
Business
1 answer:
Hatshy [7]3 years ago
4 0

Answer

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

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.  

Download xlsx
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. Find the accumulated present value of a continuous income stream that earns 4.2% interest annually, when $4000 is deposited pe
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Answer:

The accumulated present value is $67,518.99.

Explanation:

Investment opportunities that require a series of payments of a fixed amount for a specific number of periods are known as annuities.

The Present Value of this annuity can be calculated as :

Fv = $0

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Using a financial calculator, the  Present Value (PV) of the annuity is $67,518.9948 or $67,518.99.

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3 years ago
Joseph is reviewing secondary data his company collected about seasonal variations in consumer spending because he is thinking a
Yanka [14]

Answer:

The advantages of using secondary data are several, but its main advantage is that it is the cheapest way to gather large sets of information. A lot of secondary data is available on the internet, so it is time saving. Using secondary data saves work, efforts and money.

We can also use secondary data to determine more specifically which primary data we need to gather, again saving resources.

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3 years ago
According to the demand-pull theory, inflation is caused by:
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Answer:

Understanding Demand-Pull Inflation

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Explanation:

hope it helps you

6 0
2 years ago
9. Should all poetry, music or art be beautiful? Explain.
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This question is mainly about YOUR opinion. Many will say that it will, but some will say it shouldn't. This is based entirely on your opinion. 
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Organizations have three levels of management: first-line, middle, and top. Each of the managers at these levels has different l
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Management is of three levels. managerial, middle and top level management.

Explanation:

levels of management can be defined as a part of an organization that maintains responsibility for the overall productivity and the work performance of employees.

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