A credit sale of ($ 750) is made on June 13, terms (2 / 10, mathrm{n} /
Question:
A credit sale of \(\$ 750\) is made on June 13, terms \(2 / 10, \mathrm{n} / 30\), on which a return of \(\$ 50\) is granted on June 16. What amount is received as payment in full on June 23?
(a) \(\$ 700\)
(c) \(\$ 685\)
(b) \(\$ 686\)
(d) \(\$ 650\)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9780471169192
1st Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Question Posted:
Students also viewed these Business questions
-
Assignment in attachment. Very simple assignment. Question 1 Cost of goods sold is determined only at the end of the accounting period in both a perpetual and a periodic inventory system. neither a...
-
I need a solution to this question in number 3 of real estate finance on an article called working at workout: commercial real estate debt in distress. 3. Calculate the expected return (IRR) to drive...
-
i need help with the below assignment use the pdf attached to work it out Why is the loan in default? Explain which reasons are most relevant to Drive.What economic factors contributed to the...
-
The owner of a moving company typically has his most experienced manager predict the total number of labor hours that will be required to complete an upcoming move. This approach has proved useful in...
-
Do the previous problem using the air tables in A.7 The exit nozzle in a jet engine receives air at 1200 K, 150 kPa with legible kinetic energy. The exit pressure is 80 kPa and the process is...
-
when is it appropriate to maintain stability or challenge status quo to promote organisational learning?
-
Can I describe my job and educational history without hesitation? LO.1
-
A detention pond needs to be designed with a total capacity of 30 ac-in. of storage. The inflow hydrograph for the pond is given in Figure P4-10. Assume that that pond is initially 50% full and...
-
1 You will receive $1,000 at the end of each year for the next five years. How much would you accept now in exchange for your right to receive $1,000 at the end of each year for the next five years?...
-
Which of the following statements about a periodic inventory system is true? (a) Cost of goods sold is determined only at the end of the accounting period. (b) Detailed records of the cost of each...
-
Purpose: Using "Edgar Database" to locate and identify common corporate filing required by the SEC forms and their definitions. Address: http://www.sec.gov/index.html...
-
List some of the main sources of design ideas. LO.1
-
Molina Company produces three products: A130, B324, and C587 All three products use the same direct material, Brac Unt data for the three products are in the provided table. (Click to view the unit...
-
MFGE 437 S21 - Homework 1 Submissions will be Online! Please scan your HWs and upload on Canvas Problem 1: A vertical milling machine is to be retrofitted with three identical DC servo motors. The...
-
On January 1, Palisades, Inc., acquired 100 percent of Sherwood Company's common stock for a fair value of $120,340,000 in cash and stock. The carrying amounts of Sherwood's assets and liabilities...
-
(1) A test balloon has an accelerometer attached to it. After you release it and start collecting data it is 5 ft in front of you and 16 ft above you, and it is moving 5 ft/s to your left and 4 ft/s...
-
484 ... Age of Accounts as of June 30, 2019 1-30 31-60 61-90 Over 90 Customer Name Days Days Days Days Total Balance Canyon Youth Club $ 250 $ 250 Crazy Tees 200 $ 150 350 Early Start Daycare $500...
-
Manufacturing companies must decide whether to operate their own manufacturing facilities or instead outsource the manufacturing function to a third-party (outside) company. This decision impacts...
-
Controls can be identified based on their function. The functions are preventive, detective, and corrective. A. True B. False
-
The following amounts were reported on the December 31, 2022, balance sheet: Cash $ 8,000 Land 20,000 Accounts payable 15,000 Bonds payable 120,000 Merchandise inventory 30,000 Retained earnings...
-
Sandhill Co. issued $ 600,000, 10-year, 8% bonds at 105. 1.Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when the...
-
Based on the regression output (below), would you purchase this actively managed fund with a fee of 45bps ? Answer yes or no and one sentence to explain why.
Study smarter with the SolutionInn App