Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. on december 28, 2024, tristar communications sold

On December 28, 2024, Tristar Communications sold 18 units of its...

90.2K

Verified Solution

Question

Accounting

image
On December 28, 2024, Tristar Communications sold 18 units of its new satelite uplink system to various customers for $25,000 each. The terms of each sale were 2/10, 1/30. Tristar uses the net method to occount for sales discounts In what year will income before tax be affected by discounts, assuming that all customers paid the net-of-discount amount on January 6,2025 ? By how much

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Draw an ER diagram with these attributes ( ER diagram for SQL for a library database) DRAW...

Programming
Q

Case Summary The SurveyMonkey case portrays the evolution of the company from its founding in 1999 through...

General Management
Q

Hamilton Circuits Paths Which of the BEST describes a Hamiltonian Path A path that uses...

Basic Math
Q

5. ALGEBRA Elaine and Abraham Martz have homes in Florida and Ohio.They realize that they...

Basic Math
Q

Use the graph to find the limit if it exists If an answer does not...

Calculus
Q

5 [The following information applies...

Accounting
Q

In an attempt to have funds for a down payment in five years James plans...

Accounting
Q

Discuss the qualitative factors in Keep or Drop Decision in details. please, no repeated answers...

Accounting
Q

LO 10 Present value calculations Using a present value table, your calculator, or a computer...

Accounting
Q

The December 31, Year 4, the balance sheet for Sussex Corporation is presented here. These...

Accounting
Q

Assume you just purchased 250 shares of Home Depot at $40.00 per share, and 50...

Finance
Q

Problem 3a: Betty and Bob buy 3 bonds. The portfolio is as per: they pay...

Finance