Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 27 Aug 2017 My Price 5.00

Zoo Doo Compost Company

Real World Case 13–2

Returnable containers

The Zoo Doo Compost Company processes a premium organic fertilizer made with the help of the animals at the Memphis Zoo. Zoo Doo is sold in a specially designed plastic pail that may be kept and used for household chores or returned to the seller. The fertilizer is sold for $12.50 per two-gallon pail (including the $1.76 cost of the pail). For each pail returned, Zoo Doo donates $1 to the Memphis Zoo and the pail is used again. 36

Required:

The founder and president of this start-up firm has asked your opinion on how to account for the donations to be made when fertilizer pails are returned. (Ignore any tax implications.)

Answers

Maurice Tutor
(5)
Status NEW Posted 27 Aug 2017 07:08 AM My Price 5.00

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