9 On November 10 of the current year, Flores Mills sold carpet to a customer for 58,000 with credit terms 2/10, 1/30. Flores uses the grous method of accounting for sale discount What is the correct entry for Flores on November 17, the correct payment was moved on that date? Accounts receivable B) Cash Sales discounts Accounts receivable 1 C) Sales Accounts receivable 8.000 D) Cash Sales discounts Accounts receivable Sales Memorex Disks sells computer disk drives with right-of-return privileges. Returns are material and reasonably predictable. Memorex should A) Not record sales until the right to return has expired B) Record a refund liability in the year of the sale. C) Debit sales returns in the period of the return D) Debit sales in the period of the return. Version A B) The Seller is enha is not an india C) The s omer consing an assercator that re hich of the following is not an indicator that revenge can be recognized over time! The seller is enhancing an asset that the buyer controls as the service is performed B The customer consumes the benefit of the seller's work as the seller performs the service C) The seller is creating an asset that has an alternative use to the seller, and the seller can receive payment for its progress even if the customer cances the contract D) None of these answer choices are correct Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021: $ 650 Currency and coins Balance in checking account Customer checks waiting to be deposited Treasury bills, purchased on 11/1/2021, mature on 4/30/2022 Marketable equity securities Commercial paper, purchased on 11/1 2021, mature on 1/30/2022 2.600 1.200 3,000 10.200 5,000 What amount will Cashmere Soup include in is year-end balance sheet as cash and cash equivalents? A) $9,450. B) S12,450 C) $7,450 D) $19,650 Goods or services are capable of being assist A) The seller regularly sells the moderne B) A buyer could use the goods A buyer could use the good or bannelsewhere D. The sellega teg with goods or services the buyer could e lenud use the gredor tpseerstand dan C5725 D130 Sais 6) 51,720 CS.Sos D) $1.575. 8 Collection of accounts receivable previously have been winfres c A) Accounts receivable B) Al e for collectible acco Bad debts epse D) Renda