Sheffield corporation shipped $20400 of merchandise on a consignment to Gooch company. Sheffield paid frieght cost of $2000. Gooch company paid $480 for local advertising wich is reimbursed from Sheffield . By year end 62% of the merchandise had been sold for $21500.Gooch notified Sheffield , retained a 10% commission , and remitted the cash due Sheffield . Prepare sheffield journal entry when the cash is received

Answers

Answer 1

The appropriate  journal entry when the cash is received is: Debit Cash $18,870, Debit Advertising expense $480, Debit Commission expense $2,150, Credit Revenue from consignment sales $21,500.

Journal entry

Sheffield corporation entries

Debit Cash $18,870

[$21500-($480+ ($21500×10%))]

Debit Advertising expense $480

Debit Commission expense $2,150

(21,500×10%)

Credit Revenue from consignment sales $21,500

Debit Cost of goods sold $13,888

[($20400+$2000)×62%]

Credit Inventory on consignment $13,888

Therefore  journal entry when the cash is received is: Debit Cash $18,870, Debit Advertising expense $480, Debit Commission expense $2,150, Credit Revenue from consignment sales $21,500.

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Related Questions

The local ranger station tracked and tagged 2,844 adult female black bears in a national park. A random sample of 9 adult female black bears from those tagged had an average body weight of 203 pounds with standard deviation 25 pounds. Which of the following is a point estimate for the population mean weight of all female black bears that are tagged?

a. 9
b. 25/√9
c. 25
d. 203
e. 2,844

Answers

Answer:

203

Step-by-step explanation:

Sample size, n = 9

Mean weight, m = 203

Standard deviation = 25

Point estimate for the population mean weight of all black bears that are tagged `

The point estimate of the population mean ;

ΣX / n

Sum of sample / sample size ;

This is the mean value formula for the sample.

However, since it has been given in the question that, sample mean weight value = 203 ; then the point estimate of the population mean weight = 203

Option d: 203 is a point estimate for the population mean weight of all female black bears that are tagged.

Given that:Total tagged adult female black bears in the national park = 2,844Sample size = 9Sample mean of body weight of female black bears = 203 pounds.To find:

Point estimate of population mean weight of female black bears that are tagged.

Calculations and explanations:

Point estimation of population mean is calculated by calculating the mean of the sample drawn from that population. This estimate is considered best guess of population mean.

The sample mean is obtained by:

[tex]\overline{x} = \dfrac{\sum \text{sample observations}}{\text{sample size}}[/tex]

Since it is given that the sample mean is 203, thus we have the point estimate of the population mean as 203 too.

Thus, 203 is a point estimate for the population mean weight of all female black bears that are tagged.

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2,5 1,3. 9,20. 13,30. ​

Answers

Answer:

13/10  < 25/10  < 92/10  < 133/10

Step-by-step explanation:

13/10 is less than 5/2 is less than 46/5 is less than 133/10

If y varies directly as x and y =6 when x =2 ... find y when x=9

Answers

Answer:

27

Step-by-step explanation:

y = kx, where k is the constant of proportionality.  If x = 2 and y = 6, that constant is determined as follows:

6 = k(2), or k = 3.  Then y = 3x.  When x = 9, y = 27

On a baseball team, there are infielders and outfielders. Some players are great hitters, and some players are not great hitters.

Let I = the event that a player is an infielder.

Let 0 = the event that a player is an outfielder

Let H = the event that a player is a great hitter.

Let N = the event that a player is not a great hitter.


Write the symbols for the probability that of all the great hitters, a player is an outfielder.

Answers

Answer:

P(H | I)

Step-by-step explanation:

Given that

Some players considered to be great hitters and some would be not great htters

So based on the symbols given in the question

For all the great hitters a player would be an outfielder

For this the symbol is

P(H | I)

The probability that of all the great hitters, a player is an outfielder will be [tex]P(O\cap H)[/tex].

Given information:

On a baseball team, there are infielders and outfielders. Some players are great hitters, and some players are not great hitters.

Lets assume,

I = the event that a player is an infielder. 0 = the event that a player is an outfielder. H = the event that a player is a great hitter. N = the event that a player is not a great hitter.

It is required to write the probability that of all the great hitters, a player is an outfielder.

It is required that the player should be outfielder and hitter both.

So, the required probability can be written as,

[tex]P(O\cap H)[/tex]

Therefore, the probability that of all the great hitters, a player is an outfielder will be [tex]P(O\cap H)[/tex].

For further  details refer the given link:

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Write the formula for slope, for the point-slope
form of a line, and for the slope-intercept form of a
line.

Answers

Slope: M = rise/run = y2 - y1/x2 - x1

Point slope: y-y₁=m(x-x₁)

Slope-intercept: y = mx+b

Find the circumference of the circle.
4 mi
Find The circumference
(Type an exact answer in terms of pie)

Answers

Answer:

Circumference of a circle-

2 x Pi x Radius

2x Pi x 4

8Pi

ANSWER-8Pi

Hope it Helps!!

how do i answer this question?

Answers

Answer:

Your answer

X = 3

Y = -3

Mark it as Brainlist answer. Follow me for more ​

Step-by-step explanation:

Select the correct option from the menu.
Raj determined that the equation 3 (x+3) = 8 - 5x +7 is equivalent to 9 = 7. This means that this equation has:
no solutions

One solution

Two solutions

Infinity many solutions

Answers

Answer:

no solutions

Step-by-step explanation:

Carla draws two rectangles.
One of the rectangles has an area of 35 square inches.
The other has a perimeter of 20 inches
Select the two rectangles that could be the rectangles Carla draws
A rectangle with a width of 2 inches and a length of 6 inches
A rectangle with a width of 2 inches and a length of 8 inches
A rectangle with a width of 4 inches and a length of 6 inches
A rectangle with a width of 5 inches and a length of 7 inches
A rectangle with a width of 6 inches and a length of 10 inches

Answers

Answer:

A rectangle with a width of 5 inches and a length of 7 inches.

A rectangle with a width of 4 inches and a length of 6 inches

Step-by-step explanation:

Is the area of a room measured in cm2 or m2

Answers

Answer:

m² would be the best unit if you want to measure a room.

Step-by-step explanation:

The unit cm² is too small and would be less exact.

Evaluate (8+2)³-6?
Please help

Answers

Answer:

994 :)

Step-by-step explanation:

PEMDAS

(8+2)^3 - 6

(10)^3   = 10 x 10 x 10

1,000    - 6

994

The sum of three numbers is 123. The second number is 8 more than the first. The third number is 3 times the first. What are the numbers ?

First number:

Second number:

Third number:

Answers

Answer:

41 is my geuss

Step-by-step explanation:

find the sum of 3/4 and 5/7.​

Answers

Answer:

3/4 or in mixed number 1 13/28

Step-by-step explanation:

1. A bank account started with $1000 and earned $10 interest per month
for two years. The bank then paid 2% interest on the account for the
next two years.

Answers

Answer:

What exactly is the question here ?? (lol)

Which of the following is equal to this expression? (256⋅64)^1/4

Answers

Answer:8•4 √4

Step-by-step explanation:

HELPP I NEED THIS BY 2:30

The second angle of a triangle is 7 more than twice the first angle. The third angle is 3 less than the first. Find all
three angles if the sum of their angles is equal to 180°. (Let x = the measure of the first angle)

Answers

Answer:

44, 95, and 41

Step-by-step explanation:

[tex](x) + (2x +7)+(x-3)=180\\4x +4 = 180\\4x = 176\\x = 44[/tex]

answer this for me pls

Answers

Answer:

Slope = 2

Step-by-step explanation:

Find the slope by using the slope equation:

[tex]\frac{y^2 - y^1}{x^2 - x^1}[/tex]

Plug in the numbers to the slope equation:

[tex]\frac{8 - (-8)}{2 - (-6)}[/tex]

Which is equal to:

[tex]\frac{16}{8}[/tex]

Which is simplified to:

2.

Which of the following graphs is the solution set of 2x+7>3?
PLS HELP WILL MARK BRAINLIEST

Answers

Answer:

B or the second line

Step-by-step explanation:

1/2x +7 > 3

-7. -7

1/2x > -4

you time 2 on both sides

x > -8

If bananas are $0.50 each, how much would it cost for 7 bananas?

Answers

Answer:

Step-by-step explanation:

total cost = unit cost times number purchased:

total cost = ($0.50/banana)(7 bananas) = $3.50 for 7 bananas

Answer: $3.50

Step-by-step explanation:

hi please help me with this i’ll give brainliest if you give a correct answer​

Answers

Answer:

Step-by-step explanation:

a) PR=SU

b) PQ=TU

c) RQ=TS

Answer:

<P = <U

PQ = TU

<T = <U

Step-by-step explanation:

Sides can be shown to be congruent through tic marks. If two lines have the same number of tic marks then they are congruent. PQ and TU both have one, therefore they are congruent.

Angles are shown to be congruent through arcs. If two angles have the same numbers of arcs then they are congruent. <P and <Q both have two and <T and <U both have one. So they are congruent.

Write the equation for the perpendicular bisector of a segment that has endpoints (1, –4) and (3, 2).

Answers

Answer:

y = -⅓x-⅓

Step-by-step explanation:

Al simplificar la fraccion 150/600 a su mínima expresión se obtiene 15/6

Answers

Answer:

cierto

Step-by-step explanation:

9. Sarah has to create a floral arrangement out of twigs and flowers that has a total of 9 objects. She has to
pay $1 for each twig she uses and $3 for each flower. If she spent $15 on the arrangement, how many
twigs and flowers did she buy?

Answers

Answer:

tu debes de saber por qué si yo lo sé tú también no es verdad

Michael needs to save a 15 percent down payment for a car he wants to buy. He knows that cars of this make and model tend to sell for about $19,000. How much will he need to save?

Answers

Answer:

15 minutes or less can save you 15% or more on car insurance

Step-by-step explanation:

Gieko

If the markup rate is 50%, then the cost of a shirt that regularly sells for $60 is $40. true or false?​

Answers

Answer:

false

Step-by-step explanation:

half of 60 dollars is 30

think of it as half of 6

The komodo dragon are the biggest and heaviest lizards on earth. Full grown adults can reach 2.8 meters long and weigh more than 300 pounds! What is the length of the komodo dragon in centimeters? A) 28 cm B) 280 cm C) 2800 D) 28000

Answers

Answer:

280 cm

Step-by-step Explanation

The Komodo dragon 2.8 meters long and weigh more than 300 pounds, the length of the Komodo dragon in centimeters is, 280. So Option B is correct

What are Units ?

To measure and compare various things we use one term which is known as a unit. When all of the measuring units are the same, comparison is simple. Depending on their intended usage, different units can be categorized.

For example, for  length measurement we use units like:- meter, centimeter, inch, miles.

Given that,

The Komodo dragon are the biggest and heaviest lizards on earth

Full grown adults can reach 2.8 meters long and weigh more than 300 pounds

The length of the Komodo dragon in centimeters = ?

Assume, Komodo is fully grown

So, the length of the Komodo = 2.8 meter

It is known that,

1 meter = 100 centimeter

Now,

2,8 meter = 2.8 × 100 centimeter

                =  280 centimeter

Therefore, the length in centimeter is 280

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15. 2002 Dünya Kupası Futbol Turnuvası'na katılacak Türkiye Milli Takımı'na destek olmak için taraftar gruplan asagidak
görsellerdeki gibi 2 farklı atkı modell tasarlıyor.
Kirmizi
Görsel 1
Kim
Beyaz
C*
120 cm
C
Kimizi
Beyaz
Görsel 2
120 cm
Görsel 1'deki atlanın uçlarındaki kırmızı bölgelerin toplam uzunluğu atkının uzunluğunun 'si olarak tasarlanmıştır.
5
Görsel 2'deki atkinin beyaz, diğer kısmı kırmızı renk olarak tasarlanmıştır.
2
Buna göre atkılardaki toplam kirmizi bölgelerin toplam uzunluğu kaç santimetredir?
108
D) 72
C) 60
D) 48
ARGON SERİSİ​

Answers

Answer:

d)

Step-by-step explanation:

İnşallah tutar iyi dersler Gold bye

Answer:

cevap 108 tamam sorun harika bir soru

-Let g(x) be a function defined by g(x) = x3.
a) Sketch the graph of g(x).
b) Find the inverse g-1(x) of g(x) then sketch the graph of g-1(x). c) Specify the domain and range of g(x) and g-1(x).
d) Determine the end behavior of g(x) and g-1(x).

Answers

Answer:

Step-by-step explanation:

a) The graph rises steeply from the third quadrant  and there is a point of inflection through  the origin (0, 0) then rises steeply in quadrant 1.

b) Let y = g(x) = x^3

x = ∛y

So g(-1)x = ∛x.

The graph is the reflection of g(x) in y = x.

c) Domain of g(x) = All real x, Range is all real g(x).

Domain of  g(-1)x  = All real x, Range = all real g-1(x).

d) You will see the end behaviour from the graphs.

I tried to send you a link to the graphs but the system wont allow it.


PLEASE HELP !! ILL GIVE BRAINLIEST *EXTRA POINTS*..
IM GIVING 40 POINTS !! DONT SKIP :((.

Answers

Answer:

y = -16x + 16

Step-by-step explanation:

You can write a linear equation by getting the slope (m) and y-intercept (b).

To get the slope, you have to (y2 - y1) / (x2 - x1).

Which in this case, I'm going to used points (0,16) and (1,0).

So,

(0 - 16) / (1 - 0) = -16 / 1 = -16

m = -16

Now since we have the slope, the equation would look like y = -16x + b

You then have to input any x and y points (I'm going to use 1,0).

0 = -16(1) + b

0 = -16 + b

b = 16

Put this all together,

y = -16x + 16

Hope this helps :)

Let me know if there is any mistakes!!

Answer:

y = -16x + 16

Step-by-step explanation:

A coffee table is on sale for 20% off the original price of $115. If there is a 6% sales tax, what is the final price of the coffee table?

Answers

Answer:

$97.52

Step-by-step explanation:

(original price) 115 - (discount) 23 = 92 (new price)

92 plus 6% sales tax = $97.52 (final price)

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