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Following is selected information from Fran's Company trial balance. Cash $ 51,300 Land 132,000 Patents 13,400 Accounts receivable, net 28,000 Equipment 55,000 Accum. Dep. 22,500
Following is selected information from Fran's Company trial balance. Cash $ 51,300 Land 132,000 Patents 13,400 Accounts receivable, net 28,000 Equipment 55,000 Accum. Dep. 22,500 Accounts payable 23,100 Sales tax payable 8,400 Deferred sales 3,800 Sales 312,000 Sales discounts 4,800 How much are Current Liabilities? Best Bargain collects $33.00 from a customer. This amount includes the price of the earphones and the applicable sales taxes (9%). How much sales taxes were E collected? Best Bargain collects $33.00 from a customer. This amount Multiple Choice $273 $273 $297 $2.97 $31.19 S30.27 Moe 's Electric sales vacuum cleaners with a one-year warranty to fix any defects. For the current year, 200 vacuums have been sold. By the end of the year 12 ovens have been repaired for an average cost of $45 dollars. Management estimates that 8 more vacuums of the 200 sold will need to be repaired next year at the same amount. How much should Paul's Electric report warranty expense for the current year? Multiple Choice $360 $900 $ $450
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