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kakasveta [241]
3 years ago
5

The following selected transactions were completed by Capers Company during October of the current year: Oct. 1 Purchased mercha

ndise from UK Imports Co., $13,377, terms FOB destination, n/30. 3 Purchased merchandise from Hoagie Co., $10,650, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $230 was added to the invoice. 4 Purchased merchandise from Taco Co., $14,350, terms FOB destination, 2/10, n/30. 6 Issued debit memo to Taco Co. for $5,000 of merchandise returned from purchase on October 4. 13 Paid Hoagie Co. for invoice of October 3. 14 Paid Taco Co. for invoice of October 4, less debit memo of October 6. 19 Purchased merchandise from Veggie Co., $25,850, terms FOB shipping point, n/eom. 19 Paid freight of $430 on October 19 purchase from Veggie Co. 20 Purchased merchandise from Caesar Salad Co., $23,000, terms FOB destination, 1/10, n/30. 30 Paid Caesar Salad Co. for invoice of October 20. 31 Paid UK Imports Co. for invoice of October 1. 31 Paid Veggie Co. for invoice of October 19. Journalize the entries to record the transactions of Capers Company for October. Refer to the Chart of Accounts for exact wording of account titles.

Business
1 answer:
Phoenix [80]3 years ago
6 0

Answer and Explanation:

The answer is attached below

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Josh is 32 years old. After graduating with a bachelor's degree, he worked for a financial organization for seven years and rece
Snezhnost [94]

Answer:

a career transition        

Explanation:

In simple words, a career transition refers to the process under which an individual changes his or her job or profession etc. Such transition could be done by changing jobs in the same job sector such as one start selling pizzas instead of burgers. On the other hand, some individual changes their occupations drastically, for instance, a doctor starts a burger shop by arranging his or her own capital.  

5 0
3 years ago
What is a goal of federal minimum wage who benefits from it?​
nikdorinn [45]
One of the many goals of federal minimum wage would be to meet increased consumer demand. If this goal is met, overall economy would benefit from it.
3 0
3 years ago
In order for the hitch ball to be secured properly, what should be the last part assembled?
Morgarella [4.7K]

In order for the hitch ball to be secured properly, the last part which is assembled is nut.

<span>One should keep in mind that hitch ball and coupler for towing the boat must be of the same size. The standard size of hitch ball nowadays is about 2 inch. There is a proper method in order to install the hitch ball properly so that it will be secured.</span>

4 0
3 years ago
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning
wolverine [178]

Answer:

$6.7 per direct labor hour

Explanation:

Given:

Direct labor-hours = 20,000

Fixed manufacturing overhead cost = $94,000

variable manufacturing overhead = $2.00 per direct labor-hour

Actual manufacturing overhead cost for the year = $123,900

Actual total direct labor = 21,000 hours

Now,

Total Estimated Manufacturing Overhead

= 94000 + ( 2 × 20000 )

= $134,000

And,

Predetremined Overhead Rate = \frac{\textup{Estimated Maufacturing Overhead}}{\textup{Estimated Direct Labor Hours.}}

or

Predetremined Overhead Rate = \frac{\textup{134,000}}{\textup{20000}}

or

Predetremined Overhead Rate = $6.7 per direct labor hour

5 0
3 years ago
The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed long-term debt of $1.87 million, and the 2018 balance sheet showed
jeka57 [31]

Answer:

$1,290,000

Explanation:

Given that,

Cash flow to creditors = -$85,000

Cash flow to stockholders = $170,000

Firm’s net capital spending for 2018 = $1,250,000

Firm reduced its net working capital investment by $45,000

Cash Flow from Assets:

= Cash Flow to Creditor + Cash Flow to Stockholders

= -$85,000 + $170,000

= $85,000

Cash Flow from Assets = OCF - Net Capital Spending - Change in Net Working Capital

$85,000 = OCF -  $1,250,000 - (-$45,000)

OCF = $85,000 + $1,250,000 - $45,000

        = $1,290,000

3 0
3 years ago
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