Question: 9 . Seahawks Inc . had the following consignment transactions during December Inventory shipped on consignment to Ashe Company $18 000 Freight paid by Seahawks

9 . Seahawks Inc . had the following consignment transactions during December Inventory shipped on consignment to Ashe Company $18 000 Freight paid by Seahawks 900 Inventory received on consignment from Fenn Company 12000 Freight paid by Fenn 500 No sales of consigned goods were made through December 31 . Seahawks December 31 balance sheet should include consigned inventory at a . $18900 b . $18000 C. $12.500 d . $12000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Build on the results of Prob. 1341, p. 729, to find factors of safety for bending and wear for gear C. Both gears are made from Grade 2 carburized and hardened steel. Use a face-width of 4 times the...

Seahawks, Inc. had the following consignment transactions during December Inventory shipped on consignment to Ash CompanyP18,000 Freight paid by Seahawks900 Inventory received on consignment from...

9-48 Chapter 9 Inventory: Measurement the following requirements for each separate case. The following information was available for Mason Corporation for 2020. Problem 9-83 Computing Inventory...

PLEASE HELP ME WITH THIS 12. Allapacan Company had the following consignment transactions during 2005: Inventory shipped on consignment to Benguet Company, consignee P600,000 Freight paid by...

Stone Co had the following consignment transactions during December 900 Inventory shipped on consignment to Beta Co. $18.000 Freight paid by Stone Inventory received on consignment from Alpha Co....

I need E4-7 and E4-11 Completed and I need P5-4B completed...... Please give briefing on how you got answers c04BExercises.qxd 12/7/12 9:53 AM Page 1 B EXERCISES 2 E4-1B (Computation of Net Income)...

pahelp po thanks Assessment Task 3-1 1. Empty Company reported inventory on December 31, 2020 at P2,500,000 based on physical count priced at cost and before any necessary adjustment for the...

1.Empty Company reported inventory on December 31, 2020 at P2,500,000 based on physicalcount priced at cost and before any necessary adjustment for the following: Merchandise costing P100,000,...

WILL UPVOTE PLEASE ANSWER THE FOLLOWING ASAP!!!! Help me please with clear and detailed explanation of the answer loblem 10-9 (AICPA. Adapted) At year-end, Kerr Company purchased goods costing...

Instruction: Please answer it comprehensively and show solutions in good form. Thanks! Part 1 What is Accounting? Part 2 Mark Appliances consigned 60 television sets to Mar Company on January 1, 2019...

JETRO CORPORATION Unadjusted Trial Balance As Of December 31, 2019 DEBIT CREDIT P 380,000.00 2,000,000.00 1,260,000.00 239,200.00 150,000.00 140,000.00 2,490,000.00 357,000.00 440,000.00 920,000.00...

A compound X contains an ether functional group and shows a molecular ion peak at m/z 72 in its mass I spectrum. Which is the possible structure for compound X? 1. A. I and III B. I and V C. II and V...

We discussed how to use summary statistics (sample sizes, sample means, and sample standard deviations) to conduct a one-way ANOVA. a. Verify the formula presented there for obtaining the mean of all...

What is the difference between a director conducting a staff observation and supervising that same staff member? Discussion Topic OQ Follow The directoror the educational director in the case of...

All of the followings are considered as actions for morphine except: a. Euphoria b. Miosis c. Stimulation of cough reflex d. Morphine causes analgesia

All of the followings about the competitive antagonist are true except: a. The antagonist competes with the agonist for its binding site on the receptor b. Depending on the type of bond formed...

All of the followings are considered as clinical indications of adrenergic drugs agents except: a. In cardiac arrest b. c. In asthma d. Decongestant Bronchoconstriction

Which of the followings is considered as a prototype of dopaminergic agents: O a. Levodopa b. Pramipexole c. Rasagiline d. Ropinirole

A 3-year-old child weighing 30 lb is to receive a therapeutic dose of aspirin. The average adult dose is 5 gr., calculate the dose of aspirin to be given? a. 1.0 gr b. 10 gr c. 5.0 gr d. 30 gr

PROBLEM-4) (30 Pts.) The following data are measurements from an experiment conducted using three factors A, B, and C, all fixed effects: A1 B1 18.2 14.6 11.3 22.1 18.5 15.0 C1 B2 14.2 15.5 17.2 12.2...

1. To understand how to set goals in a communication process

11. How often have you passed on to others this type of information, which you have filled in yourself? Never, then you should think again.

9. Think of any experience that has made a very strong impression on you, and where it did not go the way you thought it would. Imagine this experience as a movie in your inner theatre. Run this...