13 ) A liability for compensated absences such as vacations , for which it is expected that employees will be paid , should
14 ) On September 1 , Horton purchased $ 13,300 of inventory items on credit with the terms 1 / 15 , net 30 , FOB destination . Freight charges were $ 280 . Payment for the purchase was made on September 18 . Assuming Horton uses the perpetual inventory system and the net method of accounting for purchase discounts , what amount is recorded as inventory from this purchase ?
15 ) What is a discount as it relates to zero-interest-bearing notes payable ?
16 ) Which of the following legal fees should be capitalized ?
17 ) Which of the following costs of goodwill should be amortized over their estimated useful lives ?