subject
Business, 10.10.2019 03:30 natcooper6204

On may 1, ace bonding company purchased inventory costing $2,000 on account with terms 2/10, n/30. on may 18, ace pays for this inventory and records which of the following using a perpetual inventory system? a. accounts payable 2,000 cash 2,000 b. accounts payable 1,960 inventory 40 cash 2,000 c. accounts payable 2,000 inventory 40 cash 1,960 d. cash 2,000 accounts payable 2,000

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:00
In order to gauge public opinion about how to handle iran's growing nuclear program, a research group surveyed 1010 americans by telephone and asked them to rate the threat iran's nuclear program poses to the world on a scale of 1 to 10. describe the population, sample, population parameters, and sample statistics. identify the population in the given problem. choose the correct answer below.
Answers: 2
question
Business, 22.06.2019 05:30
In most states, a licensee must provide a(n) of any existing agency relationships to all parties
Answers: 3
question
Business, 22.06.2019 06:40
Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.
Answers: 2
question
Business, 22.06.2019 09:00
Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance
Answers: 2
You know the right answer?
On may 1, ace bonding company purchased inventory costing $2,000 on account with terms 2/10, n/30. o...
Questions
question
English, 13.12.2020 07:30
question
Mathematics, 13.12.2020 07:30
question
History, 13.12.2020 07:30
question
Mathematics, 13.12.2020 07:30
question
Mathematics, 13.12.2020 07:30
Questions on the website: 13722362