Business, 27.03.2020 04:06, mp515

On November 10 of the current year, Flores Mills sold carpet to a customer for $8,500 with credit terms 3/10, n/30. Flores uses the gross method of accounting for sales discounts. What is the correct entry for Flores on November 17, assuming the correct payment was received on that date

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 15:20, charityclark3935

Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 days before the finished goods are sold. if the accounts receivable cycle is 70 days and the accounts payable cycle is 80 days, what would the operating cycle be?

Answers: 1

continue

Business, 22.06.2019 07:00, kaishat1092

Need true or false 1 2 3 4 5 6 7 8

Answers: 1

continue

Business, 22.06.2019 15:10, emilee30

You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Answers: 1

continue

Business, 22.06.2019 19:50, hallkanay7398

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?

Answers: 3

continue

Do you know the correct answer?

On November 10 of the current year, Flores Mills sold carpet to a customer for $8,500 with credit te...