Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please answer both questions. i really need it. th

Please answer both questions. I really need it. Thanks a lot! ...

90.2K

Verified Solution

Question

Accounting

Please answer both questions. I really need it. Thanks a lot! image
A credit sale of $3,800 is made on April 25, terms 2/10, net/30, on which a return of $200 is granted on April 28. What amount will be received as payment in full if collected on May 4 ? $3,528 $3.724 $3,800 $3,600 Question 8 5 pts Alpha First Company just began business and made the following four inventory purchases in June: A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is $1,456 $1,508 $1,848 $1.824

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Consider the following two mutually exclusive projects:    Year Cash Flow (A) Cash Flow (B) 0 –$218,006        –$15,742          1 28,000        5,304          2 57,000...

Chemistry
1.2K views

A manufacturing facility requires saturated steam at 120°C at a rate of 1.2 kg/min. Design an...

Physics
1.2K views

Q.2: (i) Express ‘Uncertainty Principal’ briefly. (ii) In the Davisson-Germer Experiment, what will be Bragg Scattering angle...

Psychology
1.2K views

Refer to the Smart Goal resources. List one short- and long-term professional and career goal (4...

Statistics
1.2K views

Three equations for the course average of ADMS are estimated as follows. The first equation is...

Advance Math
1.2K views

The emergency room at Hosptal Systems, Inc. (HIS) serves patients who arrive according to a Poisson...

Biology
1.2K views

7 Why are biological macromolecules considered organic Ctrl

Statistics
1.2K views

A container contains 6 diesel engines The company chooses 4 engines at random and will...

Accounting
1.2K views

Exercise 11-20 The following accounts appear in the ledger of Sheffield Corp. after the books...

Accounting
1.2K views

Explain why partners must increase their tax basis for their share of partnership taxable and...

Finance
1.2K views

You are considering buying some stocks in USA Grain Corp.. Which of the following is...

Accounting
1.2K views

Frazer Corp sells several products. Information of average revenue and costs is as follows: Selling...