What is a cash and carry procedure

What is a cash and carry procedure

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A cash and carry procedure is a medical procedure that is done as long as the patient provides money, such as plastic surgery.

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What is the procedure for having checked luggage with AirTRAN?

Q: I’ll be flying to New York this summer for ten days. My father already bought the ticket. I’ve been thinking about my luggage and I don’t think having to have a carry- on will work for me with all of the limitations. Is it too late to be eligible for checked luggage? I really have no idea about this stuff. Do you pay for it, in cash, at the airport? Can someone please explain the procedure?

A: You can either check your luggage at the curb or inside at the ticket counter. Check with the airlines as to how much weight is allowed for one piece of luggage. Also ask how many bags you are allowed before having to pay extra. It’s usually 2 pieces of luggage and one carry-on, which is included in the price of the ticket.

Domino’s Pizza Help!!!!?

Q: Last night I tried to order a pizza from there website with my bank card so after I put my details in it came up with a message saying that my card had not been accepted so I tried again it came back with the same message now I noticed that my card wasnt being accept and I had no cash on me so I went to a cash machine to lift money out for the order and I noticed that the took 2 orders off me £36 what should I do?? Ive emailed them and they emailed me back, if your willing to read this cause I really dnt understand it what do I have to do……Thank you for taking the time to contact Domino’s Pizza with your comments they are very much appreciated. We are glad to have this opportunity to explain in full the reason why funds appear to have been debited from your account even though your card was declined. The first security measure carried out on customers’ cards by our security company ‘Datacash,’ is to check that customers’ accounts have enough funds to cover the total cost of the order. When this request is sent to the bank, the bank automatically put the desired sum of money to one side, ready for us to debit and to prevent customers’ accessing this money before the payment is complete. Datacash then continue to carry out the rest of the security checks. If a card fails to pass any of these checks then it will be declined by the website and Datacash will send an immediate reversal to the customers’ bank, requesting that the sum, put to one side, is released for the customers’ use. However, as the transaction is not settled by Datacash or Domino’s they are unable to have any impact on the speed of this reversal. Although most banks, make this immediate, some have been known to take a couple of days or weeks, hence the reason the transaction still shows up on your bank statement. Although both Datacash and Domino’s have been assured 100% by the banks that the customers’ cards will be refunded, Domino’s is unable to put any pressure on the banks to ensure that this reversal is done in a timely fashion. We agree that it is not acceptable for customers to have any declined transactions identified on their statements unless they are aware of it, or for banks to take so long in reversing the transaction. As a result we are currently in discussions with the banks to try and improve this procedure. However, at present we are afraid that there is nothing further we can do to speed up the reversal all we can suggest is that you bring this matter up with your bank, as it is them who are ultimately responsible for it. I hope that this helps explain this matter more fully. Many Thanks

A: Sounds like it was just a hold and no pizza was ordered, if you didn’t get one then the charge should disappear.

For anyone looking for an Accounting challenge!?

Q: 1.) The inventory data for an item for September are:Sep. 1Inventory20 units at $19 4Sold10 units 10Purchased30 units at $20 17Sold20 units 30Purchased10 units at $21Using the perpetual system, costing by the last-in, first-out method, what is the cost of the merchandise sold for September?a. $610b. $600c. $590d. $5802.) Use the following information to answer the following questions.The Boxwood Company sells blankets for $60 each. The following was taken fromthe inventory records during May.DateProduct ZUnitsCostMay 3Purchase5$30May 10Sale3 May 17Purchase10$34May 20Sale6 May 23Sale3 May 30Purchase10$40Assuming that the company uses the perpetual inventory system, determine the cost of merchandise sold for the sale of May 20 using the average inventory cost method.a. $250b. $160c. $200d. $2043.) The following lots of a particular commodity were available for sale during the year:Beginning inventory10 units at $55First purchase25 units at $65Second purchase30 units at $68Third purchase15 units at $70The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year.What is the amount of the inventory at the end of the year according to the lower of cost or market, using the first-in, first-out method, if the current replacement cost is $68 a unit?a. $1,200b. $1,100c. $1,360d. $1,3904.) Inventory turnovera. is computed by dividing average inventory by cost of merchandise soldb. measures the relationship between the volume of goods sold and amount of inventory carriedc. increases the risk of loss from damaged merchandised. is computed by dividing the beginning inventory plus the ending inventory by two5.) Internal control does not consist of policies and procedures thata. protect assets from misuseb. aid management in directing operations toward achieving business goalsc. guarantee the company will not go bankruptd. ensure that business information is accurate6.) Procedures designed to protect cash from theft and misuse from the time it is received until it can be deposited in a bank are calleda. accounting controlsb. cash controlsc. preventive controlsd. detective controls7.) The amount of the outstanding checks is included on the bank reconciliation as a(n)a. deduction from the balance per company’s recordsb. addition to the balance per bank statementc. deduction from the balance per bank statementd. addition to the balance per company’s records8.) If the direct write-off method of accounting for uncollectible receivables is used, what general ledger account is credited to write off a customer’s account as uncollectible?a. Uncollectible Accounts Expenseb. Accounts Receivablec. Allowance for Doubtful Accountsd. Interest Expense9.) Allowance for Doubtful Accounts has a credit balance of $1,400 at the end of the year (before adjustment), and an analysis of customers’ accounts indicates doubtful accounts of $17,900. Which of the following entries records the proper provision for doubtful accounts?a. debit Allowance for Doubtful Accounts, $16,500; credit Uncollectible Accounts Expense, $16,500b. debit Allowance for Doubtful Accounts, $19,300; credit Uncollectible Accounts Expense, $19,300c. debit Uncollectible Accounts Expense, $19,300; credit Allowance for Doubtful Accounts, $19,300d. debit Uncollectible Accounts Expense, $16,500; credit Allowance for Doubtful Accounts, $16,50010.) A $6,000, 60-day, 12% note recorded on November 21 is not paid by the maker at maturity. The journal entry to recognize this event isa. debit Cash, $6,120; credit Notes Receivable, $6,120b. debit Accounts Receivable, $6,120; credit Notes Receivable, $6,000; Credit Interest Receivable, $120c. debit Notes Receivable, $6,060; credit Accounts Receivable, $6,060d. debit Accounts Receivable, $6,120; credit Notes Receivable, $6,000; Credit Interest Revenue, $12011.) When comparing the direct write-off method and the allowance method of accounting for uncollectible accounts, the entry to reinstate a previously written off accounts under the allowance method would include:a. A credit to Bad Debt Expenseb. A debit to Bad Debt Expensec. A debit to Allowance for Doubtful Accountsd. A credit to Allowance for Doubtful Accounts12.) A characteristic of a fixed asset is that it isa. intangibleb. used in the operations of a businessc. held for sale in the ordinary course of the businessd. a long term investment13.) A fixed asset’s estimated value at the time it is to be retired from

A: Wow, make sure you mark this the best answer and give me a good rating if you like these answers–this is a long answer!1) By date:9/04: COGS = 10*19 = 1909/17: COGS = 20*20 = 400Total COGS = 190+400 = 590 Answer c2) 5/10: COGS = 3*30 = 905/20: Inv Cost = ((2*30)+(10*34))/(2+10) = 33.33; COGS = 6*33.33 = 200 Answer c3) Inventory at cost = 15*70 + 5*68 = 1,390Inventory at current replacement value = 20*68 = 1,360LCM = 1,360 Answer c4) Inventory Turnover can be calculated as Sales/Inventory OR COGS/Avg InventoryTherefore, the best answer is: b. measures the relationship between the volume of goods sold and amount of inventory carried5) c. guarantee the company will not go bankrupt6) b. cash controls7) c. deduction from the balance per bank statement (since the company knows of them, but the bank does not)8) Entry is:dr Uncollectible Accounts Expensecr Accounts ReceivableThe answer is b. Accounts Receivable9) Since this is the Balance Sheet approach, you adjust the Allowance account to the desired balance, so the correct answer is d. debit Uncollectible Accounts Expense, $16,500; credit Allowance for Doubtful Accounts, $16,50010 ) Since it was not paid, it should be reclassified to an Accounts Receivable (debited), the original note removed from the books (credited), and Interest Revenue recorded (credit). Accrued interest at maturity is $120 ($6,000*0.06*60/360). The correct answer is d. debit Accounts Receivable, $6,120; credit Notes Receivable, $6,000; Credit Interest Revenue, $12011) The full entry is:dr A/Rcr Allowance for Doubtful AccountsThe correct answer is d. A credit to Allowance for Doubtful Accounts12) b. used in the operations of a business13) Incomplete question…