On january 1, 2017, harter company had accounts receivable $139,000, notes receivable $25,000, and allowance for doubtful accounts $13,200. the note receivable is from willingham company. it is a 4-month, 9% note dated december 31, 2016. harter company prepares financial statements annually at december 31. during the year, the following selected transactions occurred.1. jan. 5 sold $20,000 of merchandise to sheldon company, terms n/15.2. jan 20. accepted sheldon company's $20,000, 3-month, 8% note for balance due.3. feb 18. sold $8,000 of merchandise to patwary company and accepted patwary's $8,000, 6-month, 9% note for the amount due.4. april 20 collected sheldon company notes in full.5. april 30 received payment in full from willingham company on the amount due.6. may 25 accepted potter inc.'s $6,000, 3-month, 7% note in settlement of a past-due balance on the account? 7. august 18 received payment in full from patwary company on a note due.8. august 25 the potter inc. note was dishonored. potter inc. is not bankrupt; future payment is anticipated.9. sept 1 sold $12,000 of merchandise to stanbrough company and accepted a $12,000, 6- month, 10% note for the amount due. required: journalize the transactions.

At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.

< back to assignment attempts: 1 1 keep the highest: 1 / 2 2. determining opportunity cost juanita is deciding whether to buy a suit that she wants, as well as where to buy it. three stores carry the same suit, but it is more convenient for juanita to get to some stores than others. for example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $102 for the suit: store travel time each way price of a suit (minutes) (dollars per suit) local department store 15 102 across town 30 88 neighboring city 60 65 juanita makes $42 an hour at work. she has to take time off work to purchase her suit, so each hour away from work costs her $42 in lost income. assume that returning to work takes juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. as you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. complete the following table by computing the opportunity cost of juanita's time and the total cost of shopping at each location. store opportunity cost of time price of a suit total cost (dollars) (dollars per suit) (dollars) local department store 102 across town 88 neighboring city 65 assume that juanita takes opportunity costs and the price of the suit into consideration when she shops. juanita will minimize the cost of the suit if she buys it from the . grade it now save & continue continue without saving

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer