FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 14 Pluto Partners on July 15 sells merchandise on account to Callaway Organization for $6,000, terms 2/10, 1/30. On July 20 Callaway Organization returns

image text in transcribed

QUESTION 14 Pluto Partners on July 15 sells merchandise on account to Callaway Organization for $6,000, terms 2/10, 1/30. On July 20 Callaway Organization returns Callaway Organization for the balance due. What is the amount of cash received? A. $6,000 B. $5.000 C.$4.900 D. 54.800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental accounting principle

Fundamental accounting principle

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

21st edition

1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587

More Books

Students also viewed these Accounting questions

Question

★★★★★
Explain in general terms what each of the following real options is and how it could change projects NPVs and their corresponding risk relative to what would have been estimated if the options had...

Answered: 1 week ago

Question

★★★★★
The following schedule was prepared by the production manager of Marymount Metal Shop: Determine a schedule that will result in earliest completion of all jobs on thislist.

Answered: 1 week ago

Question

★★★★★
=+(17.24) ['If(x) dx Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
A bank's balance sheet information is shown below (in $000). 1. What is the bank's risk-adjusted asset base under Basel III? 2. To be adequately capitalized, what are the bank's CET1, Tier I, and...

Answered: 1 week ago

Question

★★★★★
Scatter Diagrams and High-Low Cost Estimation From April 1 through October 31, Will County Highway Department hires temporary employees to mow and clean the right-of-way along county roads. The...

Answered: 1 week ago

Question

★★★★★
Ron's realtor sent him listings for a new house. Of the listings sent, 60% are two-story homes, 24% have a pool, and 15% are two-story homes with a pool. If Ron chooses a house at random, find P(pool...

Answered: 1 week ago

Question

★★★★★
2. (10 points) The curve is the intersection of the plane x = -1 and the cone z = x + y. Find the curvature of y at the point (-1,2,5). 22

Answered: 1 week ago

Question

★★★★★
[6] Question 4: [20 Marks] The signal x(t) has the Laplace transform X(s) = 14 s(s+4) 2 [6] (a) Find the LT of y(t) = x(21-3) [8] (b) Find the LT of y(1) = tex(1) (c) Find the LT of y(t) = 1...

Answered: 1 week ago

Question

★★★★★
1.Goodyear implemented the DRII/NFPA 1600 approach. What strategies can be utilized to make sure recovery starts quickly, perhaps even while the incident is ongoing? 2.Please explain how the five...

Answered: 1 week ago

Question

★★★★★
8. A tire manufacturer has been concerned about the number of defective tires found recently. To evaluate the true magnitude of the problem, a production manager selected 10 random samples of 20...

Answered: 1 week ago

Question

★★★★★
Target Market(s) and Positioning OF OZTENT ( an Australian company) An analysis of the Oztent target market in particular shows differentiation from 20-29 years (18%), 30-54 years (47%), 55+ years...

Answered: 1 week ago

Question

★★★★★
2. What are the major capabilities of database management systems (DBMS) and why is a relational DBMS so powerful?

Answered: 1 week ago

Question

★★★★★
4. Describe the changes in the business as a result of adopting HANA. Automotive Resources International, better known as simply ARI, is the worlds largest privately-held company for vehicle fleet...

Answered: 1 week ago

Question

★★★★★
3. Why was the participation of business users so important? If they didnt play this role, what would have happened? American Water, founded in 1886, is the largest public water utility in the United...

Answered: 1 week ago

Previous Question Next Question