The poverty line in a country equals 95. 90 is the number of people with income equal
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The poverty line in a country equals 95. 90 is the number of people with income equal to 170, 20 is the number of people with income equal to 110 and 10 is the number of people with income equal to 30. The population of the country equals 90+20+10
Enter the calculated number, do not multiply by 100 to turn it into a percentage.
What is the headcount index of poverty?
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Mary James owns Mary's Card House in Halifax. As her newly hired accountant your task is to a. Journalize the following transactions for the month of March. b. Record in subsidiary ledgers and post to the general ledger as appropriate. c. Prepare a schedule of accounts receivable and a schedule of accounts payabl at month-end. 1 Mary James invested $12,000 in the card store. 1 Paid two months' rent in advance to Harbour Realty, cheque No. 1201, $1,800. 3 6 Purchased merchandise from X-Card Company on account, $3,500. Invoice No. 810, dated March 1, terms 2/10, n/30.3649 Sold merchandise to Jas Investors on account, $2,000. Invoice No. 401, terms 2/10, n/30. Cost of inventory was $1,500. Sold merchandise to Paton Lee on account, $900. Invoice No. 402, terms 2/10, n/30. Cost of inventory was $675. 8 Purchased merchandise from X-Card Company on account, $1,750. Invoice No. 816, dated March 7, terms 2/10, n/30. Sold merchandise to Jas Investors on account, $1,100. Invoice No. 403, terms 2/10, n/30. Cost of inventory was $825. Paid Able Cleaning Service $425. Cheque No. 1202. 9 Paton Lee returned merchandise that cost $200 to Mary's Card House. Mary issued credit memorandum No. 1 to Paton Lee for $400. 2 9 11 12 Paid X-Card Company invoice No. 810, dated March 7, cheque No. 1203, taking discount. 13 Purchased merchandise from Kaelynn Imports on account, $4,200. Invoice No. 411, dated March 12, terms 1/15, n/60. Arranged $15,000 bank loan with Royal Bank. Deposited today to the company's bank account. 13 14 Sold $1,500 worth of card supplies for cash. Cost of inventory was $1,125. 15 Paid casual salaries, $800, cheque No. 1204. 15 16 16 16 16 19 22 23 Returned merchandise to Kaelynn Imports in the amount of $1,200. Mary's Card House issued debit memorandum No. 1 to Kaelynn Imports. Sold merchandise for cash, $4,200. Cost of inventory was $3,150. Received payment from Paton Lee, invoice No. 402, (less returned merchandise), less discount. Jas Investors paid invoice No. 401, no discount. Sold card supplies to Gayle Herbert on account, $3,600. Invoice No. 404, terms 2/10, n/30. Cost of inventory was $2,700. Purchased used delivery truck on account from Halifax Auto, $13,500. Invoice No. 3211, dated March 19 (no discount terms). Sold to Jas Investors merchandise on account, $1,100. Invoice No. 405, terms 2/10, n/30. Cost of inventory was $825. Paid Kaelynn Imports balance owed, cheque No. 1205, taking discount. 23 Sold card merchandise on account to Gayle Herbert, $1,300. Invoice No. 406, terms 2/10, n/30. Cost of inventory was $975. Purchased for cash, card display supplies from AMR Supplies, $500, cheque No. 1206. 24 26 Purchased card merchandise from Benson and McIntyre on account, $5,000. Invoice No. 311, dated March 26, terms 2/10, n/30. Jas Investors paid invoice No. 405, dated March 22, taking 26 26 29 Purchased merchandise from X-Card Company, $1,600. Invoice No. 836, dated March 26, terms 2/10, n/30. 30 Paid half of the balance to Halifax Auto on their invoice No. 3211, cheque No. 1207 31 Sold merchandise to Youville Company on account, $3,200. Invoice No. 407, terms 2/10, n/30. Cost of inventory was $2,400. discount. Gayle Herbert paid invoice No. 406, dated March 23, taking discount. Mary James owns Mary's Card House in Halifax. As her newly hired accountant your task is to a. Journalize the following transactions for the month of March. b. Record in subsidiary ledgers and post to the general ledger as appropriate. c. Prepare a schedule of accounts receivable and a schedule of accounts payabl at month-end. 1 Mary James invested $12,000 in the card store. 1 Paid two months' rent in advance to Harbour Realty, cheque No. 1201, $1,800. 3 6 Purchased merchandise from X-Card Company on account, $3,500. Invoice No. 810, dated March 1, terms 2/10, n/30.3649 Sold merchandise to Jas Investors on account, $2,000. Invoice No. 401, terms 2/10, n/30. Cost of inventory was $1,500. Sold merchandise to Paton Lee on account, $900. Invoice No. 402, terms 2/10, n/30. Cost of inventory was $675. 8 Purchased merchandise from X-Card Company on account, $1,750. Invoice No. 816, dated March 7, terms 2/10, n/30. Sold merchandise to Jas Investors on account, $1,100. Invoice No. 403, terms 2/10, n/30. Cost of inventory was $825. Paid Able Cleaning Service $425. Cheque No. 1202. 9 Paton Lee returned merchandise that cost $200 to Mary's Card House. Mary issued credit memorandum No. 1 to Paton Lee for $400. 2 9 11 12 Paid X-Card Company invoice No. 810, dated March 7, cheque No. 1203, taking discount. 13 Purchased merchandise from Kaelynn Imports on account, $4,200. Invoice No. 411, dated March 12, terms 1/15, n/60. Arranged $15,000 bank loan with Royal Bank. Deposited today to the company's bank account. 13 14 Sold $1,500 worth of card supplies for cash. Cost of inventory was $1,125. 15 Paid casual salaries, $800, cheque No. 1204. 15 16 16 16 16 19 22 23 Returned merchandise to Kaelynn Imports in the amount of $1,200. Mary's Card House issued debit memorandum No. 1 to Kaelynn Imports. Sold merchandise for cash, $4,200. Cost of inventory was $3,150. Received payment from Paton Lee, invoice No. 402, (less returned merchandise), less discount. Jas Investors paid invoice No. 401, no discount. Sold card supplies to Gayle Herbert on account, $3,600. Invoice No. 404, terms 2/10, n/30. Cost of inventory was $2,700. Purchased used delivery truck on account from Halifax Auto, $13,500. Invoice No. 3211, dated March 19 (no discount terms). Sold to Jas Investors merchandise on account, $1,100. Invoice No. 405, terms 2/10, n/30. Cost of inventory was $825. Paid Kaelynn Imports balance owed, cheque No. 1205, taking discount. 23 Sold card merchandise on account to Gayle Herbert, $1,300. Invoice No. 406, terms 2/10, n/30. Cost of inventory was $975. Purchased for cash, card display supplies from AMR Supplies, $500, cheque No. 1206. 24 26 Purchased card merchandise from Benson and McIntyre on account, $5,000. Invoice No. 311, dated March 26, terms 2/10, n/30. Jas Investors paid invoice No. 405, dated March 22, taking 26 26 29 Purchased merchandise from X-Card Company, $1,600. Invoice No. 836, dated March 26, terms 2/10, n/30. 30 Paid half of the balance to Halifax Auto on their invoice No. 3211, cheque No. 1207 31 Sold merchandise to Youville Company on account, $3,200. Invoice No. 407, terms 2/10, n/30. Cost of inventory was $2,400. discount. Gayle Herbert paid invoice No. 406, dated March 23, taking discount.
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College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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