This topic contains a solution. Click here to go to the answer

Author Question: The amount of discount to be recorded if the invoice is paid within the discount period on a ... (Read 338 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
The amount of discount to be recorded if the invoice is paid within the discount period on a purchase of goods having a list price of 1,600, subject to a trade discount of 25 percent with terms 2/10, n/30, is
 a. 450.
   b. 30.
   c. 21.
   d. 29.40.
   e. 24.

Question 2

Additions reported in the statement of changes in plan net assets of a pension plan commonly include all of the following except
 
  a. actuarial gains from revision of actuarial assumptions.
  b. employer contributions.
  c. net appreciation in the fair value of investments.
  d. employee contributions.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

thall411

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

e

Answer to Question 2

A





 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library