A credit sale of $4300 is made on April 25, terms 2/13, net/30, on which a return of $200 is granted on April 28. What amount is received as payment in full on May 4?

2-)In a period of increasing prices, which inventory flow assumption will result in the lowest amount of income tax expense?

3-)The control principle related to not having the same person authorize and pay for goods is known as

4-)At December 31, 2017 Blue Spruce Corp. inventory records indicated a balance of $655000. Upon further investigation it was determined that this amount included the following: $115000 in inventory purchases made by Blue shipped from the seller 12/27/17 terms FOB destination, but not due to be received until January 2nd $85000 in goods sold by Blue with terms FOB destination on December 27^th. The goods are not expected to reach their destination until January 6^th $6800 of goods received on consignment from Dollywood Company What is Blue correct ending inventory balance at December 31, 2017?