Journalize the entries for the following transactions. refer to the chart of accounts for exact wording of account titles. (note: the company uses a clearinghouse to take care of all bank as well as non-bank credit cards used by its customers. ) mar. 1 sold merchandise for cash, $116,300. the cost of the merchandise sold was $72,000. 10 sold merchandise on account, $755,000. the cost of the merchandise sold was $400,000. 12 sold merchandise to customers who used mastercard and visa, $1,950,000. the cost of the merchandise sold was $1,250,000. 17 sold merchandise to customers who used american express, $330,000. the cost of the merchandise sold was $230,000. 31 paid $81,500 to national clearing house credit co. for service fees for processing mastercard, visa, and american express sales.

An employer who is considering hiring eva has asked donna, eva’s former supervisor, for a report on eva. in truth, eva’s work for donna has been only average. however, eva is donna’s friend, and donna knows that eva probably will not get the job if she says anything negative about eva, and donna knows that eva desperately needs the job. further, donna knows that if the situation were reversed, she would not want eva to mention her deficiencies. nevertheless, it has been donna’s policy to reveal the deficiencies of employees when she has been asked for references by employers, and she knows that some of eva’s faults may be bothersome to this particular employer. finally, this employer has leveled with donna in the past when donna has asked for a report on people who have worked for him. should donna reveal deficiencies in eva’s past performance? (remember to use one of the three moral theories acceptable for this test to solve this dilemma. any discussion of any personal opinion, religious perspective, or theory other than the moral theories acceptable for this test will result in a score of "0" for this question.)

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation