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Ad libitum [116K]
3 years ago
12

The following selected transactions apply to Book Yard Store for November and December, Year 1. November was the first month of

operations. Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month.
a. Cash Sales for Nov Year 1 were $100,000 plus sales tax of 9%.
b. Book Yard the Nov sales tax to the state agency on Dec 7, Year 1.
c. Cash Sales for Dec Year 1 were $80,000 plus sales tax of 9%.
Business
1 answer:
olga55 [171]3 years ago
6 0

Answer:

The question requires that you show the effect of the previous transactions on a statements model. Since there is not enough room here, I prepared the attached excel spreadsheet.

Download pdf
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A company has bonds outstanding with a par value of $100,000. The unamortized premium on these bonds is $2,700. If the company r
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Answer:e. $3,700 gain.

Explanation:

Par value of Bonds =$100,000    

Unamortized premium= $2,700    

Carrying/ Book value of bonds=  Par value of Bonds +Unamortized premium

= $100,000 + $2,700 =$102,700    

Amount at which bonds retired $100,000 x 99% = $99,000  

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=$102,700- $99,000 = $3,700

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3 years ago
To avoid problems at work you believe you have to adjust to tge truth a little? Agree or Disagree
meriva
I disagree because you should never change the truth just a little because if you do your lying to yourself and everybody else.
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3 years ago
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Which company attribute increases in value as stakeholders view that company in a positive light?
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The company attribute that increases in value as stakeholders view that company in a positive light is company name or logo.

<h3>What is the The company attribute about?</h3>

Goodwill by a firm is known to be one that needs to be earned or made in a given time period.

Note that  it is one that is seen as the tool for success and profitability. A company's name, as well as their  corporate logo, and their  trademark will help to increase in value as stakeholders view of the  company.

Therefore, The company attribute that increases in value as stakeholders view that company in a positive light is company name or logo.

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1 year ago
A supplier charges 15% interest on past-due amounts. Interest on a $512 account is $10.52. For how many days must the count have
labwork [276]

Answer:

For how many days must the count have been overdue assuming the supplier uses a 365-day year? 50 days

Explanation:

ACCOUNT         512  

% Interest           15%  

Annual interest 76,8  

   

 76,8         365

 10,52 x

   

X=50 days  

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3 years ago
Donna’s philosophy as she coordinates her firm’s marketing efforts is to keep in mind the company’s overarching strategy, and to
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Answer:

Explanation:

Integrated Marketing Communications or IMC is an approaching in marketing that seeks to ensure a unified experience for a firm's customers, marketing efforts and even mangement across various channels of communication. IMC tries to ensure that a links are maintained among all forms of messages and communications between the firm and its consumers.

IMC not only ensure the integration of promotional or marketing tools to ensure harmony, it also ensures that marketing activities are constantly in line with the firm's strategies and objectives.

IMC seeks to integrate all levels of communcation including vertical, horizonal, external and internal levels of communication to strengthen its communcation lines and marketing activities.

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3 years ago
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