You work for Equestrian StepsHorse Boarding and Lessons. During an equestrian competition last weekend, you purchased grain
Question:
You work for Equestrian Steps—Horse Boarding and Lessons. During an equestrian competition last weekend, you purchased grain on account from the local feed store for $85 plus 6% sales tax. On a separate sheet of paper, write a brief memo to the accounting clerk explaining the transaction so she can record it in the accounting records.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Memo NB 1 The implicit assumption is that it costs the same amount of money to buy the grain whether ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Write a brief memo to your immediate manager discussing why the study of supply chain-focused manufacturing planning and control is important in today's competitive manufacturing environment.
-
Given the following data, on a separate sheet of paper create monthly and yearly income statements for this fast-food restaurant in New York City. a. Sales for the month of June were $300,000. Sales...
-
1. Write a brief memo to Tammy explaining the importance of data validation during the input process. 2. Suggest at least three specific data validation checks that might help reduce input errors. 3....
-
A SQL With respect to database transaction, the ACID concepts should apply! ACID is an acronym for atomicity, consistency, isolation and durability. Please define each of these terms in your own...
-
Exhibit 5-20 shows the consolidated statements of cash flows for Maple Leaf Foods Inc. for the years ended December 31, 2009 and 2008. With headquarters in Toronto, Maple Leaf is a food processing...
-
To study the effect of air pollution on respiratory health, a group of people in a city with high levels of air pollution and another group in a rural area with low levels of pollution are examined...
-
Which of the following prevents a company from switching its inventory costing method to a different method each year? a. Disclosure principle b. Consistency principle C. Matching principle d....
-
Calculating and interpreting short-term liquidity ratios Data taken from the financial statements of Nestl, a consumer Foods Company headquartered in Switzerland, appear as follows (amounts in...
-
1. What is electric charge? What is an electric field? Draw the electric field for the following charge configurations: (a) a positive charge (b) a negative charge (e) a positive and a negative...
-
In August 2010, Michael Dell, Dell Inc.'s CEO and chairman of the board, was reelected to Dell's board of directors by Dell's shareholders. However, not all of the shareholders were happy with Mr....
-
Metro Sports Distributors had this transaction that occurred on June 15. Instructions 1. Analyze the sales slip shown. In your working papers, record the required entry on page 3 of the sales...
-
Accounting clerks use sales journals to record sales on account, giving them direct access to the companys customer lists. As an accounting clerk at Havertys Furniture Store, you work with Bob, a...
-
Graph each rational function. x2 + 1 f(x)
-
A) Alex Inc. manufactures two products: Car Wheels and Truck Wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann has developed the following...
-
How does the interplay of thermodynamic principles and transport phenomena govern the behavior of complex multiphase systems encountered in industrial chemical processes, and how can advanced...
-
There will be many situations that will require manual handling while supporting clients in their care provision. Workers will be required to have a strong understanding of manual handling task...
-
Concord Corporation constructed a building at a cost of $30000000. Weighted-average accumulated expenditures were $11800000, actual interest was $1240000, and avoidable interest was $602000. If the...
-
How do advanced computational fluid dynamics (CFD) techniques facilitate the analysis and optimization of complex fluid flow phenomena in industrial-scale reactors, considering turbulent flow...
-
In January 2016, Anna Clair started Warmers, a business manufacturing ladies' scarves. Clair was so busy with the manufacturing side of the business that she did not take time to set up detailed...
-
Pappa's Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the year, and the inventory count at December 31 are...
-
If you were the president of a private college or university, what things would you consider in making a decision on a possible tuition increase, which might enhance your bottom line but possibly...
-
Should gifts made by individuals to a nonprofit organization that receives the largest portion of its revenues from fees for services be fully tax deductible, partially tax deductible or not...
-
Read the article, Exploring Religious Congregations? Registration With the IRS by Christopher Scheitle, Erica Dollhop-f, and John McCarthy. Explore the regional, religious, and administrative...
-
Could Arthur Murray have created language that would have avoided the application of impossibility of performance? What if Parker was not incapac-itated but that it was simply painful to dance after...
-
In the text's case on the county clerk and marriage licenses, whatare the ethical issues involved? What are the conflicting ethical values and whichvalues were maximized/minimized? The Case of the...
-
2 Altira Corporation provides the following information related to its inventory during the month of August 2024: August 1 Inventory on hand-2,000 units%;B cost $5.30 each. August 8 Purchased 8,000...
Study smarter with the SolutionInn App