A supplier has sent an email proposing the following: 1A: To buy the usual 500 units on account for $1,250; or 1B: To buy the usual 500 units but with cash and receive a 20% discount h 1A or 1B 2 The Company has the opportunity to make a huge (and rare) sale: 2A: To sell the unit for $10,000 but the customer wants to pay only 20% cash and the remaining 80% on account; or 2B: To sell the unit for $5,000 cash The inventory had cost the Company $1,250. bha xtra 2A or 2B 3 A repeat VIP customer has approached the Company requesting an express order: 3A: The Company's supplier will only rush the order with a 30% markup paid in full with cash. This will cost the Company $15,000 and the customer cannot pay until next month when the unit is delivered. They are offering $50,000 cash for all the trouble; or 3B: Kindly reject the VIP customer's offer risking the business relationship altogether. pree Assig 3A or 3B 4 A replacement part for an employee's laptop was purchased for $1,200 cash. This is expected to extend the useful life of the laptop by an additional 3 years. You are conflicted by your coworkers' opinions but must choose one of the following: 4A: To agree with Bob who believes this purchase is an asset as it extends the life of the laptop 4B: To agree with Amy who believes its an expense as the amount is nominal 5 An invoice was received for repair work done last week costing $3,500: 5A: To pay the invoice within 3 days of receipt taking advantage of the 2% discount available 5B: To delay payment of the invoice until next month, when due, however no discount will be applied New Hire, it is also important to keep in mind the following internal benchmarks and bank covenants: 1. Current Ratio must remain above 2.5x at month end.

Write entries as of 30 June