Disposable Lab Supplies

Accounting Question – easy 10 points!?

Made cash sale of 21 boxes of Plastic Condiment Containers for a list price of $100 each. A trade discount of 20% applies.

1) How much is the discount?
2) How much do I put in ‘cash at bank’
3) How much do I put in ‘sales revenue’

Are 2 and 3 the same?

Thanks anyone

1) How much is the discount?

The discount per box is $100 X 20% = $20

The total discount is 21 X $20 = $420

The effective price paid per box is therefore $80

2) How much do I put in ‘cash at bank’

21 X $80 = $1,680

3) How much do I put in ‘sales revenue’

If you record the sale at the gross sales rate, then you record 21 X $100 = $2,100
If you record the sale at the net sales rate, the you record $21 X $80 = $1,600

The actual entry using the Gross Sales method would be:

Debit Cash $1,680
Debit Sales Discounts Granted $420
Credit Sales revenue $2,100

If they use the net sales method to record revenue, then the entry would be:

Debit Cash $1,680
Credit Sales Revenue $1,680

Based on how the question is worded, I think they are using the Gross Sales method, so go with my first entry above.

Making a Clay Condiment Dish : Using a Clay Extruder

Red Apple small condiment jar by Hazel Atlas~Plastic green opening lid~Gay Fad $6.99

TRAEX 12 OZ PLASTIC SQUEEZE BOTTLES CONDIMENTS 12 PCS $24.95

Sky Blue Plastic Condiment Spices Container w Spoons $8.65

Dart Souffle Cups 1oz plastic-Condiment 1000 NoLids $20.87

Retro Plastic Condiment Tray Sugar Salt & Pepper Shakers Tabletop Serving Set $0.99

Large Plastic Sauce Squeeze Bottle Dispenser Condiment Oil Ketchup Mustard-24oz $0.99

Fruit Condiment Triangle Base Orange Plastic Dish Plate $4.03

Fruit Condiment Triangle Base Orange Plastic Dish Plate $5.59

Souffle Cups & Lids 2oz. plastic-Condiment portions 200 $10.87

Souffle Cups & Lids 2oz. plastic-Condiment portions 250 $16.99

Souffle Cups 2oz. plastic-Condiment 200 portions NoLids $5.47

Souffle Cups 2oz. plastic-Condiment portions 300 NoLids $7.87

Plastic Spices Condiment Dispenser Container Box Orange $9.47

2 NIB BUFFET WARE Serving Caddies–condiments-plastic $5.50

24 COUNT PLASTIC SHOT GLASSES CONDIMENT CUPS $6.99

Souffle Lids 2oz. plastic-Condiment Lids 2000 NoCups $32.87

24 CT. ORANGE PLASTIC SHOT GLASSES CONDIMENT-CUP $3.25

Vintage LEGO MUSTARD CONDIMENT JAR POT google eyes VG with plastic spoon had lid $50.00

Plastic Spices Condiment Dispenser Container Box Orange $7.49

Vintage Plastic Items – Napkin, Tomato Condiments, and More *COOL STUFF* $4.99

Souffle Lids 2oz. plastic-Condiment lids- 2000 No Cups $32.87

Quizno’s Oval Condiment Bowls $15.99

Plastic Spices Condiment Dispenser Container Box Orange $7.49

Vollrath 4702 – Condiment Dispenser, (6) 1-Pint Stainless w/ Plastic Lid $50.62

GET CD-8-CL – Condiment Jar & Cover, Plastic, Clear $38.70

Pineapple Texture Print Pink Plastic Dish for Condiment $4.24

GET CD-8-B-CL – Condiment Jar Only, Plastic Clear $31.14

Retro Vintage Brown Plastic Condiment Set: Butter Napkins Salt Pepper $3.95

3 Vintage Plastic Condiment Serving Trays Pickled Peppers, Stuffed Olives & Dill $26.95

Vintage Plastic Condiment Ketchup Dispenser Bottle Red Base White Top $14.95

Pineapple Texture Print Pink Plastic Dish for Condiment $4.24

Vollrath 4840-01 – Self Serve Condiment Set, 2-Tier/Bins, Clips, Brown Plastic $27.09

Vollrath 4840-06 – Self Serve Condiment Set, 2-Tier/Bins, Clips, Black Plastic $27.71

Vollrath 4705 – Condiment Dispenser, (3) 1-Qt Stainless w/ Plastic Lid $50.62

Vollrath 4843-01 – Self Serve Condiment Set, 3-Tier/Bins, Clips, Brown Plastic $36.72

Souffle Cups & Lids 2oz. plastic-Condiment portions 90 dixie $7.70

Mixed Lot 6 Grape Sugar Creamer Condiment Plastic Bunch $19.95

USED PLASTIC SERVER STATION CONDIMENT ORGANIZER HOLDER $55.00

4 Compartment Bar Caddy / Condiment Organizer w/ Lid – Durable Plastic – 18″x5″ $6.99

Vintage Plastic Condiment Spoon ~ Dark Green Mayo Scoop $5.00

CONDIMENT CUPS WITH PLASTIC LIDS WITH CARRIER, STAINLESS STEEL, MADE IN JAPAN $25.95

RETRO CONDIMENT 3 PIECE SET GLASS WITH PLASTIC INSETS $18.00

100 Plastic School Lunch Sauce Condiment 2 ounce Cups W/ Lids Disposable Cup $8.50

Pineapple Texture Print Pink Plastic Dish for Condiment $4.43

Fruit Condiment Triangle Base Orange Plastic Dish Plate $4.21

PUMP for Condiment #10 Can Lid Extra HD Plastic 66302 $89.95

Fruit Condiment Triangle Base Orange Plastic Dish Plate $4.21

Plastic Squeeze Bottle Clear Ranch Mayo 12oz Condiment $2.22

Souffle Lids 2oz. plastic-Condiment 300 pcs NO Cups $8.87

Plastic Spices Condiment Dispenser Container Box Orange $8.69

Cute Little Plastic Condiment Spoon, GOOD COND $1.00

Black Plastic Condiment Dish 5000 Pack #55643 $50.00

Plastic Gift Basket Storage Country Decor Organization Container Condiment $2.25

Plastic Sugar Packet Holder – Set of Three $5.95

Crystal Condiment Jar Plastic Spoon, Tray $28.16

Server Products 82558 – Plastic Condiment Dispenser Jar, 2 qt $17.20

Server Products 82557 – Plastic Condiment Dispenser Jar, 3.5 qt $17.20

Carlisle 457107 – Condiment J-Jar, 8 oz., Plastic, Clear, Lid Sold Separately… $11.94

Tablecraft 1604 – Bar Condiment Holder, (4) 1-pint Plastic Inserts, Stainless $26.22

San Jamar B432 – Plastic Condiment Tray Inserts 32 oz $25.11

San Jamar B416 – Plastic Condiment Tray Inserts 16 oz $30.09

Carlisle 457207 – Condiment J-Jar Lid, Plastic, For Model 028-4571, Clear, NSF $11.12

IMPERIAL~ CINNAMON SPREAD ~ x 2 PLASTIC CONTAINERS 250g EACH $12.95

Plastic Spices Condiment Dispenser Container Box Orange $7.49

Vollrath 4802 – Condiment Dispenser Accessory, 1-Qt Insert, Plastic $13.04

New Colors Clear Plastic Condiment Dispenser Container $18.59

SHIRRIFF ~ CARAMEL SPREAD ~ PLASTIC CONTAINER ~ 400g $6.95

Sky Blue Plastic Condiment Spices Container w Spoons $7.51

VINTAGE Condiment Holder HEINZ Ketchup Plastic & Chrome $17.00

100 ct Plastic Colored Party Picks Bar Condiment Arrows 3 1/4″ NEW $2.99

Souffle Cups & Lids 2oz. plastic-Condiment portions 100 $5.47

Condiment Mustard Server Jelly Jam Jar With Plastic Lid & Serving Spoon 3″ Tall $19.99

Plastic Squeeze Bottle Clear Ranch Mayo Condiment & Lid $2.22

New 2 Cobalt Plastic Condiment Serving Sauce Jars Traex $6.80

New 2 Red Plastic Condiment Serving Jars Traex $6.80

Plastic Tub Part for Perfection Equipment Inc Powered Condiment System $22.48

Plastic Spices Condiment Dispenser Container Box Orange $11.53

Sky Blue Plastic Condiment Spices Container w Spoons $8.70

Sky Blue Plastic Condiment Spices Container w Spoons $11.56

Roland Dijon Mustard, Grained with Wine, 4.6-Pound Plastic Jar $23.31

3 Cell Plastic Spices Condiment Dispenser Container Box $5.34

Plastic Spices Condiment Dispenser Container Box 4 cell $4.27

Plastic Spices Condiment Dispenser Container Box 3 cell $6.41

Plastic Spices Condiment Dispenser Container Box 3 in 1 $7.48

Souffle Cups 1oz. Plastic 200 Condiment Cups No Lids $5.47

Chivas Regal Condiment / Fruit Tray, Wood with Plastic Lid, Damaged $29.95

TAKCHASHI JAPAN CLAY POTTERY CONDIMENT JAR W/CERAMIC CHICKEN LID & PLASTIC SPOON $16.99

Souffle Cups & Lids 2oz. plastic-Condiment portions 600 $24.87

Plastic Spices Condiment Dispenser Container Box Orange $7.49

4 Quart Condiment Tray Dispenser White Plastic New SALE $10.25

vintage french’s mustard spoon,vintage condiment spoon $9.99

Sky Blue Plastic Condiment Spices Container w Spoons $7.51

wholesale lot (2000) plastic 3 OZ PLASTIC SOUFFLE condiment PORTION cups no lids $69.00

★ 1LB BAG FINE PURE GOURMET PINK HIMALAYAN CRYSTAL SALT EDIBLE FOOD GRADE SEA ★ $15.99

★ 1LB BAG COARSE PURE GOURMET PINK HIMALAYAN CRYSTAL SALT EDIBLE FOOD GRADE SEA★ $15.99

★ 1LB JAR COARSE PURE GOURMET PINK HIMALAYAN CRYSTAL SALT EDIBLE FOOD GRADE SEA★ $15.99

★ 1LB JAR FINE PURE GOURMET PINK HIMALAYAN CRYSTAL SALT EDIBLE FOOD GRADE SEA★ $15.99

★ 1LB GLASS JAR FINE PURE GOURMET PINK HIMALAYAN CRYSTAL SALT EDIBLE FOOD GRADE★ $15.99

★1LB GLASS JAR COARSE PURE GOURMET PINK HIMALAYAN CRYSTAL SALT EDIBLE FOOD GRADE $15.99

★2LB BAG FINE PURE GOURMET PINK HIMALAYAN CRYSTAL SALT EDIBLE FOOD GRADE SEA SAL $15.99

GET CD-8-CL Condiment Jar & Cover, Plastic, Clear $38.7 Condiment Jar & Cover, plastic, clear. 8oz

GET CD-8-C-CL Condiment Jar Cover, Plastic, Clear $16.73 Condiment Jar Cover, plastic, clear.

GET CD-8-B-CL Condiment Jar Only, Plastic Clear $31.14 Condiment Jar Only, plastic, clear.

Condiment Gun $19.95 You’ve got to ask yourself one question: ketchup or mustard? Which will it be, punk? The Condiment Gun would definitely blow Dirty Harry away. The Condiment Gun is a unique condiment dispenser that makes for a perfect conversation piece at picnics, BBQs, reunions, block parties and pretty much any other fun activity that requires a way to dispense ketchup or mustard.How does it The Condiment Gun work? Fill the cartridge with a good squeezable sauce. Open, load it & your ready to go. A sure fire sauce dispenser. Use it for every meal! Made of sturdy high quality plastic, the Condiment Gun is made to last with the frequent cartridge switches. The Condiment Gun measures 8.5″ x 6″ x 2.5″. Each of the 2 included reusable condiment cartridges holds 3 oz. of your condiment of choice. Not intended for use by children under the age of 36 mos.

Dispense-Rite Stackable Plastic Countertop Condiment Organizer, Each, Black $79.98 Stackable Plastic Countertop Condiment Organizer, Each

American Metalcraft PCI20 Bar Condiment Holder, 1 Quart, For BPCD3, Plastic $1.35 Bar Condiment Holder, 1 quart, for BPCD3, plastic

Service Ideas KK9 Condiment Caddy w/ 9-Compartments, Plastic, Black $8.71 Condiment Caddy, 9 compartment, plastic, black

American Metalcraft PCI15 Bar Condiment Holder, 1-1/2 Pint, For BPCD4, Plastic $1.25 Bar Condiment Holder, 1-1/2 pint, for BPCD4, plastic

Update International MOB-106 Condiment Bin, 10 x 6 in, Modular, Plastic $3.54 Condiment Bin, 10 x 6 in, modular, plastic.

Johnson-Rose Condiment Jar w/Plastic Lid. Case of 12 $87.58 Manufacturer: Johnson-Rose Corporation. Case of 12. Includes plastic lid with a spoon notch. 3 1/4″ x 2 3/4″ Customers also search for: Discount Condiment Jar w/Plastic Lid, Buy Condiment Jar w/Plastic Lid, Wholesale Condiment Jar w/Plastic Lid, 6700, Con

Vollrath 4801 Condiment Dispenser Accessory, 1-Pint Insert, Plastic $1.96 Condiment Dispenser Accessory, 1 Pint Insert, Plastic, Fits Plastic & SS.

Vollrath 4802 Condiment Dispenser Accessory, 1-Qt Insert, Plastic $3.04 Condiment Dispenser Accessory, 1 Qt Insert, Plastic, Fits Plastic & SS.

Carlisle 1082803 6-Compartment Coffee Service Condiment Caddy, ABS Plastic, Black $7.58 Coffee Service Condiment Caddy, one-piece, 6 compartment, 8″ x 14″, ABS plastic, black.

Update International CJ7AC 7oz Plastic Condiment Jars with Cover $25.11 Plastic Condiment Jar with Cover 7 oz.(only). Materials: Plastic. Dimensions: 3 Dia x 3 1/2 H. Case unit: 10 dozen.

American Metalcraft PCI10 Bar Condiment Holder, 1 Pint, For CD4, CD5, and CD6, Plastic $1.05 Bar Condiment Holder, 1 pint, for CD4, CD5, and CD6, plastic

Tablecraft 1604 Bar Condiment Holder, (4) 1-pint Plastic Inserts, Stainless Steel Holder $11.22 Bar Condiment Holder, with (4) 1-pint plastic inserts, stainless steel holder.

Update International MOB-127 Condiment Bin, 12 x 7 x 5 in, Plastic $4.63 Condiment Bin, Plastic 12″ x 7″ x 5″

Tablecraft 1606 Bar Condiment Holder, (6) 1-pint Plastic Inserts, Stainless Steel Holder $13.97 Bar Condiment Holder, with (6) 1-pint plastic inserts, stainless steel holder.

Vollrath 4702 Condiment Dispenser, (6) 1-Pint Stainless w/ Plastic Lid $50.62 Kondi keeper condiment dispenser with standard lid, six pts . Plastic pint containers. Stainless steel frames and hinges are easy to clean and offer years of durable service. Plastic lid. 18″ x 6″ x 3-1/4″.

Tablecraft 102 Bar Condiment Holder, (6) 1-pint White Inserts, Black $14.3 Bar Condiment Holder, with (6) 1-pint white inserts, plastic, black.

Tablecraft 104 Bar Condiment Holder, (3) 1-quart White Inserts, Black $14.3 Bar Condiment Holder, with (3) 1-quart white inserts, plastic, black.

Tablecraft 103 Bar Condiment Holder, (4) 1-1/2-pint White Inserts, Black $14.3 Bar Condiment Holder, with (4) 1-1/2-pint white inserts, plastic, black.

Brand New Condiment Dispensers(Pack Of 144) $144 This lot contains 144 pieces of condiment dispenser. The material is food level plastic and it safe to use. Its colorful and put different condiment in different pot it can be very convenient….

Vollrath 4740-01 Condiment Dispenser w/ Standard Lid, Plastic, 2-qt, Brown $39.6 Kondi-Keeper Condiment Dispenser, plastic, standard lid, 2 quart, 12″ x 6″ x 3-3/4″, extra-deep cabinet, clips allow self-closing, not recommended for dishwashers, brown

Vollrath 4740-06 Condiment Dispenser w/ Standard Lid, Plastic, 2-qt, Black $39.6 Kondi-Keeper Condiment Dispenser, plastic, standard lid, 2 quart, 12″ x 6″ x 3-3/4″, extra-deep cabinet, clips allow self-closing, not recommended for dishwashers, black

Vollrath 4745-01 Condiment Dispenser w/ Standard Lid, Plastic, 4-qt, Brown $59.69 Kondi-Keeper Condiment Dispenser, plastic, standard lid, 4 quart, 24″ x 6″ x 3-3/4″, extra-deep cabinet, clips allow self-closing, not recommended for dishwashers, brown

Vollrath 4745-06 Condiment Dispenser w/ Standard Lid, Plastic, 4-qt, Black $59.69 Kondi-Keeper Condiment Dispenser, plastic, standard lid, 4 quart, 24″ x 6″ x 3-3/4″, extra-deep cabinet, clips allow self-closing, not recommended for dishwashers, black

Vollrath 4746-01 Condiment Dispenser w/ Standard Lid, Plastic, 8-pint, Brown $59.69 Kondi-Keeper Condiment Dispenser, plastic, standard lid, 8 pint, 24″ x 6″ x 3-3/4″, extra-deep cabinet, clips allow self-closing, not recommended for dishwashers, brown

Vollrath 4746-06 Condiment Dispenser w/ Standard Lid, Plastic, 8-pint, Black $59.69 Kondi-Keeper Condiment Dispenser, plastic, standard lid, 8 pint, 24″ x 6″ x 3-3/4″, extra-deep cabinet, clips allow self-closing, not recommended for dishwashers, black