COMERCIALIZADORA LA ALEGRA S.A. is a company engaged in the marketing of products x and y, which
Question:
COMERCIALIZADORA LA ALEGRÍA S.A. is a company engaged in the marketing of products x and y, which it controls by means of a permanent inventory or single account system, and makes the valuation by weighted average. In December, 5 workers were employed with the following salaries:
NAMES POSITION SALARY
Lida Arnaz Administrator $ 2.500.00
Karolina Pinzón Secretary $ 800.00
Marisol Moreno Office Clerk $ 1,850.00
Pepe Cruz Salesman Driver $ 425.00
Juan Perea Loader $ 550.00
As of December 1, 2021, consider the following information for the Statement of Financial Position:
In current account # 3256049 of produbanco $ 7,253, in products X, 4,500 units at $10.00 each, in products y, 5,700 units at $12.00 each, delivery vehicle $ 16,350.00, with an accumulated depreciation of $3,521.00, notes receivable from Distribuidora S.A. $ 12,939.00, notes payable to Importadora Vargas, $ 5,790.00, provision for 13th. Remuneration $ 3,987.00, 3-year mortgages payable $ 5,000, principal (to be determined).
DURING THE MONTH OF DECEMBER, THE FOLLOWING OPERATIONS WERE CARRIED OUT:
5 December with invoice # 530 of Importadora Vargas (C.N.E) were purchased: 4,415 pcs. X at $ 10.00 with a 13% discount and 2,810 units of y at $ 11.50 with a 15% discount, 30% is paid by check, and the balance is signed with a bill of exchange.
7 December a check loan is granted to Pepe Cruz for $200.00, to discount $25.00 monthly.
December 8 with invoice # 823 is sold to Distribuidora S.A. (C.N.E.). (C.N.E): 5,392 units of X at $16.50. X at $16.50, discount of 3% and 6,178 pcs. Of y at $15.20 discount of 4%, 45% was deposited in the bank and for the balance we signed a 15-day bill of exchange.
December 9 payment with a check of $1.500.00 to Mr. Pedro Mesa, to cancel 3 months of anticipated rents, for commercial premises in la Garzota.
December 11 Produbanco granted us a loan of $25,000.00 for 90 days at an 18% annual rate and credited the amount to our checking account.
December 12 check for $28,000.00 is drawn to pay Importadora Vargas.
December 14 the 13th. Remuneration for $ 4.350.00
December 15 Produbanco is authorized to debit 40% of the salary advances made to each of the workers.
December 17 insurance policy # 986 of CETI VEHICLES is acquired, for 1 year, for $1,500.00, paying 50% with check, and the balance with bills of exchange.
December 21 $1,600.00 is received from CIA Mercy S.A. (C.N.E.) for two months of anticipated fees for a consultancy.
December 23 Distribuidora S.A. paid us $ 23,000.00.
December 31, the payment list was prepared and canceled, ordering the bank the corresponding debits, on the net values of each employee. Consider the following situations:
- Pepe Cruz earned $580.00 in commissions and paid the December installment to the loan.
- Marisol Moreno earned $920.00 in commissions.
- Lida Arnaz earned commissions of $850.00 and deducted $250.00 for juvenile court.
With the following information calculate the overtime of Juan Perea in the week from 17 to 23 Dec:
Days | Schedule |
Monday | 06H-24H00 |
Tuesday | 12H00-02H00 |
Wednesday | 08H00-02H00 |
Thursday | 16H00-06H00 |
Friday | 14H00-04H00 |
Saturday | 08H00-18H00 |
Sunday | 10H00-20H00 |
Expert Answer:
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
