
a store owner buys supplies from a vendor for $8,450. the terms of sale are 2/10, n/30. what will the net amount due be if the owner pays the bill by the 10th day after he receives the supplies?

A store owner buys supplies from a vendor for $8,450. The terms of sale are 2/10, n/30. What will be the net amount due if the owner pays the bill by the 10th day after he receives the supplies?

a store owner buys supplies from a vendor for $8,450. The terms of the sale are 2/10, n/30. What will be the net amount due if the owner pays by the 10th day after he receives the supplies

can someone please help me solve this problem. A store owner buys supplies from a vendor for $8,450. The term of sale are 2/10, n/30. What will be net amount due if the owner pays the bill by the 10th day after he receives the supplies>

A store owner buys suppleis from a vendor for 8.40. The terms of sale are 2/30, n/30. What will be the net amount due if the owner pays the bill by the 10th day after he receives the supplies?


A store owner buys supplies from a vender for 8,450. The terms of sale are 2/10, n/30. What will be the net amount due if the owner pays the bill by the 10th day after he receives the supplies?

A store owner buys supplys from a vender for $8,450. The terms of sale are 2/10, n/30.What will be the net amount due if the owner pays the bill by the 10th day after he receives the supplies?

A home owner goes to the hardware store to purchase the letters that make up a number for a sign he is making, (e.g., FOUR, NINE, etc.). When he arrives, other customers are doing the same thing. The first customer buys the letters to display ONE, and pays $40. The next ...

A home owner goes to the hardware store to purchase the letters that make up a number for a sign he is making, (e.g., FOUR, NINE, etc.). When he arrives, other customers are doing the same thing. The first customer buys the letters to display ONE, and pays $40. The next ...

Wouldn't store supplies and office supplies be owner's equity? But that's what I put on my paper and I got it wrong. I always thought of them as expenses. Supplies are assets, not owner's equity. As they are used up they're expensed. At the end of some period an adjusting ...

A customer enters a store & purchases slippers for $5, paying for the purchase with $20 bill. The merchant, unable to make change, ask the grocer next door to change the bill. The merchant then gives the customer the slippers & $15 change. After the customer, leaves the grocer...

A lady walks into a store and steals $100 bill from the register without the owners knowledge. She comes back 5 minutes later and buy $70 worth of goods with $100 bill the owner gives her 30 in change. How much did the owner lose?

A hair dresser charges $25 for a wash and cut. If she pays the owner of the shop 17% and uses $2.50 in supplies, what is her net profit (in dollars and cents)?

Ace Formalwear buys tuxedos from a supplier and has an invoice amount of $27,700. The terms of the sale are 3/20, n/30. If Ace sends a partial payment of $7,400 on the discount date, what is the net amount still due?

Ace Formalwear buys tuxedos from a supplier and has an invoice amount of $27,700. The terms of the sale are 3/20, n/30. If Ace sends a partial payment of $7,400 on the discount date, what is the net amount still due?


I need some help on how to write constraints. For example, I don't get how to do these problems and write a constraint for them: 1) A food store owner buys turkeys and hams. The owner plans to purchase at most a total of 50 products. Write a constraint. 2) The food store owner...

Ace Formalwear buys tuxedos from a supplier and has an invoice amount of $27,700. The terms of the sale are 3/20, n/30. If Ace sends a partial payment of $7,400 on the discount date, what is the net amount still due?

A convenience store owner needs to set the regular price for one gallon of 2% milk. He is going to run a "30% off sale" later in the week on this product. The sale price will be $2.53 per gallon. Find the regular price that the owner should charge for the milk. Round to the ...

how will the fundemantal accounting equtation (assets=liabilities+owners equity) change if supplies are purchased on account? explain how tgis purchase will or will not change the owner's equity? i thought maybe if the company buys 1000.00 on office supplies account it would ...

The owner of Campus Cafe plans to open a second location on a satellite campus in 5yrs. She buys an annuity that pays 10.5% interest compounded annually A. If the payment is $4000 a year, find the future value of the annuity in 5yrs. B. How much more interest would be earned ...

The owner of Campus Cafe plans to open a second location on a satellite campus in 5yrs. She buys an annuity that pays 10.5% interest compounded annually A. If the payment is $4000 a year, find the future value of the annuity in 5yrs. B. How much more interest would be earned ...

An owner of a company spends $25 on office supplies. The owner is left with $20. Write an equation to find how much money he originally had.

A store owner buys 40 shirts for $600. She then adds 40% to her cost and tags each shirt with the same selling price. What is the amount of profit for each shirt? Please help me!!!

The owner of Campus Cafe plans to open a second location on a satellite campus in 5yrs. She buys an annuity that pays 10.5% interest compounded annually A. If the payment is $4000 a year, find the future value of the annuity in 5yrs. B. How much more interest would be earned ...

ANSWER THIS SURVEY ASAP: 1. A compound entry in the general journal is made to close expense accounts. True False 2. The entry to transfer net income to the owner's capital account would include a debit to the owner's capital account. True False 3. Withdrawals by the owner for...


The owner of a small hardware storethe only one in a mediumsized town in the mountainshas just learned that a large home improvement chain plans to open a new store nearby. How difficult will it be for the owner to plan for this competitive threat? w

Calculate the cash discount and the net amount due for the following transaction. Amount of Invoice Terms of Sale Cash Discount Net Amount Due $12,660.00 2/10, n/45 $ $

how will the fundemantal accounting equtation (assets=liabilities+owners equity) change if supplies are purchased on account? explain how tgis purchase will or will not change the owner's equity? i thought maybe if the company buys 1000.00 on office supplies account it would ...

Calculate the cash discount and the net amount due for the following transaction. Amount of Invoice Terms of Sale Cash Discount Net Amount Due $12,660.00 2/10, n/45

Please check my answers. Identify each of the following as either assets, liabilities, or owner's equity. 1. Petty cash Owner's Equity 2. Mortgage payable Liabilities 3. Furniture Assets 4. Owner's Capital Owner's Equity 5. Food inventory Assets 6. Profit Owner's Equity

Tracy Migre, a certified public accounting, has completed the following transactions. Ms.Migres assests , liabilites, and owner equity account titles and balances are shown in the table below. use the table on the page to show the effect of each transaction. Transactions: 1)...

Hi. I never posted my work yet. Sorry. Here is the question then my answer which I cannot solve!! I cant balance out the balance sheet.... I have spent 2 days on this... Please help: Prepare a Trial Balance, an Income Statement and a Balance Sheet. Doris' Custom Designs Jan. 1...

The owner of a small hardware storethe only one in a medium –sized town in the mountainshas just learned that a large home improvement chain plans to open a new store nearby. How difficulty will it be for the owner to plan for this new competitive threat? Explain your answer

If a store owner buys a microwave for $200 and sells it for $275. What is the percent markup based on cost?

who would be responsible for computerized records damage due to a hacker or power surge, the owner or the custodian or manager owner


Can anyone please show me the calculation for these problems: Burlin Company starts the year with $100,000 in assets and $80,000 in liabilities. Net Income for the year is $25,000, and no dividends are paid. How much is owner’s equity at the end of the year? Chapman Inc. ...

Worksheet (Use the information from the trial balance in Exam Figure 2. Write the worksheet information on the form in Exam Figure 1.) You’ll need the following adjustment information: a. P. Woodsley counted the supplies on May 31 and found that the supplies on hand were $...

start with $3,500 in cash and in owner's equity. You sell product purchased for $750 for $1,525.00 You purchase equipment for $500. You pay the rent by check for $450 You receive next month's power bill for $155.00 Cash $_____ Accounts Payable $___ Equipment $ 500.00 Owner's ...

You are a manager of a retail store.You are given permission by the owner of the store to hire a fellow classmate to help out. One day you see the classmate take some clothing from the store.When confronted by you, the peer laughs it off and says the owner is insured, no one ...

An owner list his home and agrees to pay a 6% commission provided he nets $10,000 after paying the commission and the balance of his mortgage, which is $75,000. To the nearest dollar, what should the selling price be to net the owner his $10,000?

A business owner opens one store in town A. The equation p(x)=10,000(1.075)^t represents the anticipated profit after t years. The business owner opens a store in town B six months later and predicts the profit from that store to increase at the same rate. Assume that the ...

Do I have the right answer? A store owner bought a machine that laminates cards. the machine cost $1000. Each laminated item costs the owner $.50, but he charges the customers $4.00 per item. how many cards must be laminated and sold before the owner makes a profit from the ...

A convenience store owner believes that the median number of lottery tickets sold per day is 49. A random sample of 20 days yields the data below. Find the critical value to test the owner's claim. 32 48 59 64 31 55 70 27 33 38 47 54 54 44 44 49 49 59 54 38

A new company called Bloomner construct, buys and sells furniture. During January the following happens: 1. The owner of the company pays in $50 000 into the cash, as starting capital. 2. The bank grants the company a bank loan of $40 000, the interest is 15 % annually and the...

An invoice for a camcorder that cost $1210 is dated August 2, with sales terms of 4/10 EOM. If the bill is paid on September 5, how much is due for the net amount due?


Suits at a local clothing store are discounted 20%. Despite the discount, the store owner enjoys a net profit (discount price minus cost) equal to 60% of the cost of the suits. If the suits cost the clothing store owner $200 each, what was the prediscount price of each suit? ...

The following items are taken from the financial statements of the Postal Service for the year ending December 31, 2014: Accounts payable $ 18,000 Accounts receivable 11,000 Accumulated depreciation – equipment 28,000 Advertising expense 21,000 Cash 15,000 Owner’s capital...

15. In Store A, a book that regularly sells for $24.99 is on sale at 15% off. In Store B, the same book regularly sells for $27.99 and is on sale at 25% off. Which store sells the book for the lower sale price? (1 point) Store A; Store A’s sale price is $18.74, and Store B...

everweek a store buys 30 gallons of milk at a cost of $1.58 per gallon. The store owner anticipates a 15% spoilage rate.in order to achieve a 20% markup based on selling prive what is the selling price per gallon

(hey i asked for help with accounting with a question i saw the same question at this site but when i click it it doesnt work is there anyway you can check it for me then what they posted there you can copy and post it here for me).my question was Tracy Migre, a certified ...

Jan Nab is the sole owner of Deer Park, a public camping ground near the Lake Mead National Recreation Area. Jan has compiled the following financial information as of December 31, 2010. Revenues during 2010—camping fees $140,000 Market value of equipment $140,000 Revenues ...

Every week, a grocery store buys 30 gallons of milk at a cost of $1.58 per gallon. The store owner anticipates a 15% spilage rate. To achieve a 20% markup based on cost, what should be the selling price per gallon? Round to nearest cent.

Jan Nab is the sole owner of Deer Park, a public camping ground near the Lake Mead National Recreation Area. Jan has compiled the following financial information as of December 31, 2010. Revenues during 2010—camping fees $140,000 Market value of equipment $140,000 Revenues ...

Which of the following is the common balance sheet layout? A. assets = liability + owner’s equity B. profit = revenue – total expenses C. return on investment = net income owner’s equity D. gross profit margin = gross profit net sales

A restaurant uses 80 pounds of potatoes per week. The restaurant owner buys the potatoes in 10pound bags from a local farmer. How many bags will the owner need to buy this week?


An owner of a laundry shop received an invoice for purchasing 200 bottles of liquid detergent at RM15 each, and 300 bottles of fabric softener at RM8 each. The invoice dated on 6th August 2010. He was offered trade discount 10% and 8%, with cash discount 10/10, 5/20, n/30. The...

The owner of a pet store spent $236 on 10 dogs and cats. The cats cost &18 each and the dogs cost &26 each. How many of each did the owner buy? Mrs. Sue Please help or any other person

A gift shop owner plans to give away calendars during the 31 days in January. Signs in her store say that the first 100 customers each day will receive a calendar. Should the owner estimate or find the exact product when placing her order for the calendars? Explain your ...

awhh man:( i just had one left. A store owner buys coats for 56$ each. she adds 30% to the cost and sells the coat s at 15% off. find the selling price of each coat. would i do 56 x 0.30 = 16.80 56.00 + 16.80 = 72.80 56.00 x 0.15 = 8.40 56.00  8.40 = 47.60

hey i asked for help with accounting with a question i saw the same question at this site but when i click it it doesnt work is there anyway you can check it for me then what they posted there you can copy and post it here for me).my question was Tracy Migre, a certified ...

The owner's equity of Logan's company is equal to one quarter of the total assets. Liabilities equal $60,000. What is the amount of owner's equity?

City Cellular purchased $28,900 in cell phones on April 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650. a. What is the net amount due if City Cellular sends the manufacturer a partial payment of $5,000 on May...

3. A service station owner sells Firmontheroad tyres which are ordered from a local tyre distributor. The distributor receives tyres from two plants, A and B. When the owner of the service station receives an order from the distributor, there is a 0.5 probability that the ...

Tracy Migre, a certified public accounting, has completed the following transactions. Ms.Migres assests , liabilites, and owner equity account titles and balances are shown in the table below. use the table on the page to show the effect of each transaction. Transactions: 1)...

Tracy Migre, a certified public accounting, has completed the following transactions. Ms.Migres assests , liabilites, and owner equity account titles and balances are shown in the table below. use the table on the page to show the effect of each transaction. Transactions: 1)...


Please double check me. Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Office Supplies debit Repair Service Revenue debit Interest Payable debit Accounts Receivable creditSalaries Expense debit Owner Capital credit ...

Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Office Supplies debit Repair Service Revenue debit Interest Payable debit Accounts Receivable creditSalaries Expense debit Owner Capital credit Prepaid Insurance debit ...

An owner lists his home and agrees to pay a 6% commission provided he nets $10,000 after paying the commission and the balance of his mortgage, which is $75,000. To the nearest dollar, what should the selling price be to net the owner his $10,000?

Tracy Migre, a certified public accounting, has completed the following transactions. Ms.Migres assests , liabilites, and owner equity account titles and balances are shown in the table below. use the table on the page to show the effect of each transaction. Transactions: 1)...

an owner investment of equipment into the business would: a)have no effect on liabilities b)have no effect on owner's equity c)have no effect on total assets d)increase net income i think its "a".

1.write the fraction 5/6 as a percent. Round to the nearest hundredth of a percent where necessary. 33.33% 66.67% 83.33% 1.20% 2. Chris and five of his friends go out to dinner. The total bill comes to $124.29. they decide to leave a 20% tip. Each person will contribute an ...

Adjusting a budget  Given the net income, the percent budgeted for two variable expenses, and the amount of an unexpected bill, determine if there is enough money in the variable expense items to cover the amount of the unexpected expense or if the bill should be covered with...

The ownermanager of Good Guys Enterprises obtains utility from income (profit) and from having the firms behave in a socially conscious manner, such as making charitable contributions or civic expenditures. Can you set up the problem and derive the optimization conditions if ...

A store is located at (1, 2). the owner of the store plans to build another store that is 5 blocks east and 4 blocks north of the original store. plot both stores on the coordinate plane. Give directions from the original store to the origin. please help me.

a store owner had 225 suits. at the end of a sale he had sold 4/5 of them. how many suits were left


Which words/phrase in this sentence is misplaced? Having been discovered, Rover looked up at his owner with puppydog eyes. a. with puppydog eyes b. been discovered c. his owner d. rover looked up I am torn between (a.) and (c.). Since the answer (c.) says "his owner" and not...

Can you direct me where I can find this information? I can't figure it out... Thank you! Who owns forest trees when the land on which they are growing is so0ld? The new owner, the old owner, the public, the courts? I believe it's the New owner but can't find this out. Can you ...

City Cellular purchased $28,900 in cell phones on April 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650. a. What is the net amount due if City Cellular sends the manufacturer a partial payment of $5,000 on May...

City Cellular purchased $28,900 in cell phones on April 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650. a. What is the net amount due if City Cellular sends the manufacturer a partial payment of $5,000 on May...

City Cellular purchased $28,900 in cell phones on April 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650. What is the net amount due if City Cellular sends the manufacturer a partial payment of $5,000 on May 20?

City Cellular purchased $28,900 in cell phones on April 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650. What is the net amount due if City Cellular sends the manufacturer a partial payment of $5,000 on May 20?

Jan Nab is the sole owner of Deer Park, a public camping ground near the Lake Mead National Recreation Area. Jan has compiled the following financial information as of December 31, 2010. Revenues during 2010—camping fees $140,000 Market value of equipment $140,000 Revenues ...

On a Corporation's balance sheet, a large tract of companyowned land is reported at its original cost of $50,000. The owner of the company is upset, because he thinks the land's true value is ten times that amount. He fears the lowcost figure may hurt the company as it tries...

Indicate whether a debit or credit decreases the normal balance of each of the following accounts: a. Office Supplies e. Salaries Expense i. Interest Revenue b. Repair Services Revenue f. Owner Capital j. Owner Withdrawals c. Interest Payable g. Prepaid Insurance k. Unearned ...

Question 2.) Hawkeye Electric Company engaged in the following transactions during July. July 2 – Purchased inventory for cash, $800 July 5 – Purchased store supplies on credit terms of net eom, $600. July 8 – Purchased inventory of $3,000, plus freight charges of $230. ...


15. City Cellular purchased $28,900 in cell phones on April 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650. What is the net amount due if City Cellular sends the manufacturer a partial payment of $5,000 on ...

Please show your work thanks for your help. A children's store sells a toy racetrack for $94.25. The owner uses a 45% markup based on cost. What was the whole sale cost of the racetrack?

THE NET INCOME OF SIMON AND HOBBS, A DEPT.STORE,DECREASED SHARPLY DURING 2000.CAROL SIMON, OWNER OF THE STORE, ANTICIPATES THE NEED FOR A BANK LOAN IN 2001. lATE IN 2000, SIMON INSTRUCTS THE STORE'S ACCOUNTANT TO RECORD A 410,000 SALE OF FURNITURE TO THE SIMON FAMILY, EVEN ...

City Cellular purchased $28,900 in cell phones on April 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650. What is the net amount due if City Cellular sends the manufacturer a partial payment of $5,000 on May 20...

11. The sales tax rate is 6.9%. a. Find the tax paid for a pair of boots with a list price of $128. b. What is the total cost of the pair of boots? (1 point) $8.83; $128.88 $8.83; $136.83 $0.88; $136.83 $0.88; $128.88 12. Doug is a salesperson in a retail store and earns $75 ...

Identify whether a debit or credit yields the indicated change for each of the following accounts: a. To increase Store Equipment f. To decrease Unearned Revenue b. To increase Owner Withdrawals g. To decrease Prepaid Insurance c. To decrease Cash h. To increase Notes Payable ...

Why is Simon taking this action? Is her action ethical? Give a reason, identifying the parties helped and the parties harmed by Simon's action. The net income of Simon and Hobbs, a department store, decreased sharply during 2000. Carol Simon, owner of the store, anticipates ...

Why is Simon taking this action? Is her action ethical? Give a reason, identifying the parties helped and the parties harmed by Simon's action. The net income of Simon and Hobbs, a department store, decreased sharply during 2000. Carol Simon, owner of the store, anticipates ...

Marcia buys a dress that is on sale for 15% off its original price. She uses a store coupon to get an additional 10% off the sale price. She pays $91.80 for the dress. What was the original price?

why would a store owner spend so much money on decoating their store?


How would probability help a store owner keep the correct quantity of each flower in the store?

9.During the basketball season, Diane took 134 shots and made about 56% of them. a. How many shots did Diane make? b. The team made a total of 498 shots. What percent of the team’s made shots did Diane make? (1 point) 24 shots; 15.1% 753 shots; 27% 240 shots; 27% 75 shots; ...

The owner of a hair salon charges $20 more per haircut than the assistant. Yesterday the assistant gave 12 haircuts. The owner gave 6 haircuts. The total earnings from the haircuts were $750. How much does the owner charge for a haircut? Solve by writing and solving a system ...

The owner of a hair salon charges $20 more per haircut than the assistant. Yesterday the assistant gave 12 haircuts. The owner gave 6 haircuts. The total earnings from haircuts were $750. Hw much does the owner charge for a haircut? Solve by writing and solving a system of ...

9. During the basketball season, Diane took 134 shots and made about 56% of them. a. How many shots did Diane make? b. The team made a total of 498 shots. What percent of the team's made shots did Diane make? A. 24 shots; 15.1% B. 753 shots; 27% C. 240 shots; 27% D. 75 shots; ...
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