During December, Far West Services makes a $3,200 credit sale. The state sales tax rate is 6%
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Debit Credit Acc...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
Question Posted:
Students also viewed these Accounting questions
-
During December, Far West Services makes a $1,200 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.5%. Record sales and sales tax payable.
-
A technical skill is the ability to: Work well in cooperation with other people. O Focus on the "soft" skills at work. Use expertise to perform a task with proficiency. Manage ourselves and our...
-
Credit Card Sales A local fast-food store is considering accepting major credit cards in its outlets. Current annual sales are $800,000 per outlet. The company can purchase the equipment needed to...
-
The maker of a $10,000, 8%, 90-day note receivable failed to pay the note on the due date of June 30. What accounts should be debited and credited by the payee to record the dishonored note...
-
Assuming the AR(1) scheme, what are the consequences of the CLRM assumption that the error terms in the PRF are uncorrelated?
-
Two independent situations follow: 1. On January 1, 2011, Divac Limited issued $300,000 of 10-year, 9% bonds at par. Interest is payable quarterly on April 1, July 1, October 1, and January 1. 2. On...
-
What are the four BSC perspectives?
-
Gorham Manufacturings sales slumped badly in 2010. For the first time in its history, it operated at a loss. The companys income statement showed the following results from selling 600,000 units of...
-
1) Provide the price to a semiannual bond that has a coupon rate of 12.5%, face value of $1,000, YTM of 12%, and matures in 16 years. Provide the value as a positive number. 2) Given the information...
-
Jan Martinelli, a junior in college, has been seeking ways to earn extra spending money. As an active sports enthusiast. Jan plays tennis regularly at the Naples Tennis Club, where her family has a...
-
On December 18, Intel receives $260,000 from a customer toward a cash sale of $2.6 million for computer chips to be completed on January 23. The computer chips had a total production cost of $1.6...
-
On September 1, 2015, Southwest Airlines borrows $41 million, of which $10million is due next year. Show how Southwest Airlines would record the $41million debt on its December 31, 2015, balance...
-
Define working capital.
-
Member AB has the angular velocity WAB = 2 rad/s and angular acceleration OAB = 5 rad/s. 100 mm Part B aCB D 11 60 450 mm vec AB Determine the angular acceleration of member CB measured...
-
Consider the system shown below. Two masses are attached to each other by a massless string passing through a pulley. It is given that m < m and the pulley has a moment of inertia of I. The system is...
-
7) A 1200 kg car drives clockwise around a circular track of radius 80 m at 20 m/s. A) Draw a diagram of the car's motion from a bird's eye view. Labeling any relevant information. C) What is the...
-
Determine the resultant moment in N.m at the origin of the forces couple system. (CCW is +). Q=391 N; F=782 N; P=52 N and M-52 N.m. Im Q Im P O A. MO - -1707.50 N.m O B. MO - -1641.42 N.m O C. MO =...
-
For the section shown; Find: . The moment of inertia about x0-x0 axis The moment of inertia about yo-yo axis . The moment of inertia about x-x axis 60mm 10 mm 100mm X.X 10 mm 60mm 10 mm X
-
Determine whether the series converges absolutely, conditionally, or not at all. n=1 (-1)"e-n n
-
Floyd Distributors, Inc., provides a variety of auto parts to small local garages. Floyd purchases parts from manufacturers according to the EOQ model and then ships the parts from a regional...
-
Using the velocity method, find the concentration time of a 1. 6 ha drainage area which is primarily forested, with a natural channel having a good stand of high grass. The data of Table 3. 3 can be...
-
White Dove Company began operations in 2012 by selling a single product. Data on purchases and sales for the year were as follows: On January 4, 2013, the president of the company, Joel McLees, asked...
-
Tiffany Co. is a high-end jewelry retailer, while Amazon.com uses its e-commerce services, features, and technologies to sell its products through the Internet. Recent balance sheet inventory...
-
The general merchandise retail industry has a number of segments represented by the following companies: Company Name Merchandise Concept Costco Wholesale Corporation Membership warehouse Wal-Mart...
-
Water flows through a pipe section that tapers from an internal diameter of 200 mm down to 100 mm over a distance of 1 m. Determine the pressure drop over the section for a flow of 0.06 m3s-1. The...
-
Calculate the binding energy per nucleon for Be, 59 Co, 208 pb, and 195 pt. (For the atomic masses, see this table. Enter your answers to at least two decimal places.) (a) Be MeV/nucleon 59 Co...
-
A.Final ProjectTeamProjectCustom Schema: 200 points Extra Credit Group of 3 people : Designer and Developer ( ERD, tables, data ) Team Leader/Power User ( Business Questions/Queries, Real Life...
Study smarter with the SolutionInn App