Chapter 1.2, Problem 1OYO

Accounting?

Can you help me solve this general accounting question using valid accounting techniques?

Merchandise is soldon account to a customer for $82,500, terms GEB shipping point, 3/10, n/30. The seller paid the freight of $6,300. Determine the amount of the sale.

Can you guide me through solving this financial accounting problem using proper techniques?

Accounting solution and question

I need help finding the accurate solution to this financial accounting problem with valid methods

Uzo Haulers Co. is a company that manufactures industrial trucks. During the year, Uzo purchased $1,200,000 of direct materials and placed $1,275,000 worth of direct materials into production. Uzo’s beginning balance in the Materials Inventory account was $310,000. What is the ending balance in Uzo’s Materials Inventory account?

Please show me the valid approach to solving this financial accounting problem with correct methods.

What is the cost of goods sold for the company ?