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Alborosie
2 years ago
15

Elian's credit card had a balance of $132.20 on April 1. On April 5, he charged $74.50. On April 18, he made a payment of $52.

Business
1 answer:
djverab [1.8K]2 years ago
5 0

Answer:

$173.45

Explanation:

    132.20

<u>+    74.50</u>

 206.70

************

  206.70

<u>-    52    </u>

154.70

***********

  154.70

<u>+  18.75</u>

173.45

<u />

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Answer:

$18,000

Explanation:

Calculation to determine what The amount of intra-entity gross profit remaining in ending inventory at December 31, 2021 that should be eliminated in the consolidation process is:.

Using this formula

Intra-Entity Gross Profit =(Transfer Price × Percentage of Bernard's GP) × Intra-Entity Transfers Remaining in Ending Inventory

Let plug in the formula

Intra-Entity Gross Profit=($150,000×30% )×40%

Intra-Entity Gross Profit=$45,000×40%

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Therefore The amount of intra-entity gross profit remaining in ending inventory at December 31, 2021 that should be eliminated in the consolidation process is:$18,000

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Answer:

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Explanation:

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