An invoice for $400 dated December 7 has sales terms of 2/10 ROG. The merchandise arrived December 11. If the bill is paid on December 18, what is the amount that was paid?

Q: Joan MacMallin sells shoes at the Foot Factory. She is guaranteed $3.25 an hour or 3.25% of her…

A: (a): Hourly wages = hourly rate * no. of hours Commission = commission percentage * sales figure

Q: 4. Alan Tolford is a salesclerk in the shoe department at Goldsmith's. He is guaran- teed a minimum…

A: For finding Alan Tolford's gross pay we need to calculate his salary on the basis of sales.

Q: Margeaux's bill of P6 000 was due on March 6. A purchase of P 2 000 was made on March 18 and P 4 500…

A: Current balance of Margeaux's bill on the 6th of the month is P7891.39

Q: Jose receives a commission of 2.4% on his monthly sales up to $3,100. The rate then increases to…

A: Lets understand the basics. For calculating commission on sales, we need to use below formula.…

Q: Your monthly salary is $4,160 and your pay period changed to a bi-weekly pay. You work 40 hours per…

A: Payroll accounting is the process of accounting through which all transactions related to employees…

Q: Arnold Brown has a Visa Card with an annual percentage rate of 16.8%. The unpaid balance for his…

A: Annual percentage rate = 16.8%  Unpaid balance of billing cycle = $1,406.25  Cost of printer…

Q: Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers'…

A: Worker's Compensation:-These are those amount which paid to the workers when they get injured during…

Q: The phone bill for Company XYZ consists of two components. A fixed monthly subscription fee of $700…

A: The total bill amount will include the fixed cost plus variable cost. Total phone bill for the month…

Q: The activity on Denise Hellings' Sears account for one billing period is shown below. Find the…

A: Each day balance in the billing period and no of days are   time period               days…

Q: A charge account had a balance of $979 on May 5. A purchase of $222 was made on May 17, and a…

A: From May 5 to May 17, the balance of account is $979 for 12 days.From May 17 to May 20 the balance…

Q: The combined amount of the accruals for bonus, vacation, and holiday pay in the weekly payroll would…

A: 1) Calculate bonus: Bonus: $2,000 / 50 weeks = $40 per week 2) Compute vacation pay: Vacation pay:…

Q: The activity on Monique Ramirez’ Visa account for one billing period is shown below. Find the…

A: Finance charge is the charges charged by a credit card company which is calculated on the basis of…

Q: Geraldine Wolfe is a supervisor at Fantastigifts. She has an annual salary of $48,000, paid…

A: Wage garnishment is any legal and equitable action that compels a portion of a person's salary to be…

Q: Clever Computers has a five-day workweek and pays the office staff $3,050 each week. If the month…

A: Lets understand the basics. Adjustment entry is required to pass to record correct amount of revenue…

Q: Humaid is paid a 7% commission on all sales. He sold goods worth RO 15,000 in a month. What is his…

A: Gross pay is the money that a person received without making any deductions.

Q: Arnold Brown has a Visa Card with an annual percentage rate of 19.2%. The unpaid balance for his…

A: Unpaid balance method ascertains the finance charge on the previous balance outstanding i.e., the…

Q: The t/p bill for this month was 200, the company will pay it next month what is the journal entry…

A: The business transactions are recorded in the form of journal entries and when the transactions take…

Q: D) Logan company pays Okamoto a $9,000 monthly salary plus a 4% commission for sales over $60,000.…

A: Commission is certain percentage of amount the sales person sells. D. basic salary = $9000 over…

Q: A sale's man has a fixed salary of birr 200 a week in addition, he receives a sales commission that…

A: In terms of accountancy, salary is treated as an expense account and is reported under the income…

Q: are paid on Saturday. The weekly payroll is 2520. September 30 falls on a Thursday, and the company…

A: Wages Payable              = $2520/6*4 =$1680     Wages Expenses  =$101330+$1,680 = 103,010

Q: Isadore Mitchell. Clothing salesperson. Minimum weekly salary is $250, Rate of commission is 6%.…

A: Minimum Weekly salary or Basic pay is $250 Rate of Commision is 6% Weekly Sales are $2480   To Find…

Q: A man is paid on a salary-plus-commission basis. He receives $275 weekly in salary and a commission…

A: Given information Weekly salary = $275 Commission = 5% over Sales of $2020 Weekly sales = $7825

Q: Sunland Company has the following data for the weekly payroll ending January 31.     Hours…

A: Employees of Sunland company working hours are 1. L. Helton = 8 + 8 + 10 + 8 + 10 + 3 = 47 hours…

Q: A company's telephone bill consists of two elements. One is a quarterly rental charge, payable in…

A: Solution: Introduction: Deferrals is a type of adjusting entry which can relate to both expense and…

Q: The sales clerks of Teresa's Treasures are paid a salary of $225 per week plus a commission of 8% on…

A: 1. Tina Valendez Commission = $ 2,392.50 x 8% = $ 191.4 2. Jan Yarrow  Commission = $ 3,480.75 x 8%…

Q: An employee with an annual salary of $77278 is paid every month. What is the gross pay per pay…

A: Gross pay is the total amount  that is  receive for their work done. So  it is the total amount that…

Q: 2. A. Luna is a sales agent. His official working hours is 8 hours a day, with a monthly salary of…

A: Overtime pay is the pay which an employee earns by way of doing the overtime work in the company.…

Q: Carla Vista Company has the following data for the weekly payroll ending May 31:     Hours Worked…

A: A journal entry is a form of accounting entry that is used to report a business transaction in a…

Q: Nick Billups is paid a salary of $900 a month, a 2% commission on all sales, and 1.8% more on…

A: JUNE SALES = $48,500 SALARY FOR JUNE = $900   COMMISSION CALCULATION ( A ) 2% ON ALL SALES = 2% X…

Q: The Suitter Company is a small company producing suit cases.  The followings are the company’s…

A: 1. All amount in $ Quarters             January           February         march            april…

Q: An employee works 48 hours in a week for a salary exempt of $1,925 per week. How much is this…

A: Hello, since the student has posted multiple requirements, we shall answer the first three alone.…

Q: Perill Co. has a five-day workweek (Monday through Friday). Employees earn $650 per day. If the…

A: Wage expense accrued on Wednesday = Wages per day x no. of days

Q: A man is paid on a salary-plus-commission basis. He receives $278 weekly in salary and a commission…

A: Formula: Gross earnings for the week = Weekly salary + Commission. Sum of both commission and weekly…

Q: 3. Gloria Windsor is a salesperson in the toy department at Morris. She is guaranteed a minimum…

A: For finding gross pay of the Gloria Windsor we need to compare her minimum salary and salary on the…

Q: 6. Roman Zapata sells electrical fixtures for The Lighting Center. He is guaranteed a salary of $560…

A: Roman Zapata's salary will be decided by comparing his guaranteed salary and salary on the basis of…

Q: The activity on Denise Hellings' Sears account for one billing period is shown below. Find the…

A: Average daily balance is used to calculate the interest due on the payment.

Q: You are paid a base weekly salary of $362 and earn 6.5% commission on your sales at a furniture…

A: Total earning = Total salary + Commission on sales

Q: A company whose fiscal year ends December 31, has a weekly payroll of $100,000. Employees work 5…

A: Given: Wages expense for 5 days =$100000Payday = Every fridayFiscal year ends =December 31

Q: Lauren's gross pay for July was $3188.35 on net sales totalling $88,630. If her base salary is $1000…

A: Commission in July for Lauren = $3188.35 - $1000 = $2188.35 Net Sales in July = $88630 Lauren get…

Q: Ann earns a salary of 150 RO a week and a commission of 7 % on sales. If Ann's sales for one week…

A: Total weekly earnings = weekly salary + weely commission

Q: The activity on Denise Hellings' Sears account for one billing period is shown below. Find the…

A: Average daily balance = ∑unpaid balance * number of days Finance charge = Average daily…

Q: A man received an invoice for washing machine for $455 dated April 17, with a sales term of 2/10…

A: Sales on terms like 2/10 EOM means that if payment is made within 10 days of transaction of…

Q: Lito gets a weekly salary of P4,235 per week plus a commission of 5.5% on sales. What are his total…

A: The Numerical has covered the concept of computing weekly Earing. The below formula is used to…

Q: He is guaranteed a minimum salary of $1,959 per month plus 6.3% commission on total sales. Ilow much…

A: Gross payment for month is sum of basic pay plus communication on the sales.

Q: Geraldine Wolfe is a supervisor at Fantastigifts. She has an annual salary of $49,000, paid…

A: CCPA: It stands for Consumer Credit Protection Act which allows the protection to employee in case…

Q: The sales clerks of Teresa's Treasures are paid a salary of $225 per week plus a commission of 8% on…

A: In this question we have been asked to calculate the total earning of sales men. For which we have…

Q: An invoice for a radio cost 1,220 is dated August 3, with the sales term 4/10 EOM. If the bill is…

A: EOM, the term means the amount will be due after the end of the month