Fill Out All White Blanks Below Jul 4: Kinzer Fumishings purchased $7,300 of merchandise from K...
Fill Out All White Blanks Below The following transactions occurred between Kinzer Furnishings and K and B Furniture Warehouse during July of the current year (Click the icon to view the transactions.) Read the requirements Jul 18: Kinzer Furnishings paid $1,800 of the July 4 invoice less the discount Date Journal Entry Accounts 18 Accounts payable Debit Credit Jul More Info Jul 31: Kinzer Furnishings paid the remaining amount owed on the July 4 invoice. Journal Entry Jul 4 Kinzer...
Fill Out All White Blanks Below The following transactions occurred between Kinzer Furnishings and K and Furniture Warehouse during July of the current year (Click the icon to view the transactions.) Read the requirements Requirement 2. Journalize these transactions on the books of K and B Furniture Warehouse, assuming the "net" method is used. (Record debits first, then credits. Exclude explanations from any journal entries.) Jul 4: Kinzer Furnishings purchased 57 300 of merchandise from K and B Furniture Warehouse...
Fill Out All White Blanks Below The following transactions occurred between Kinzer Furnishings and K and B Furniture Warehouse during July of the current year: (Click the icon to view the transactions.) Read the requirements Now journalize the inventory portion of the merchandise return Journal Entry Date Accounts Debit Credit More Info X - Jul 10 Jul 4 Kinzer Furnishings purchased $7,300 of merchandise from K and B Furniture Warehouse on account. Terms, 3/15 n/30, FOB shipping point. The goods...
Please Show All Your Calculations for Your Response: More Info Jul 4 Wholesale Furnishings purchased $8,000 of merchandise from M and P Furniture Warehouse on account Terms, 1/15, n/30, FOB shipping point. The goods cost M and P Furniture Warehouse $3,100. 7 Wholesale Furnishings paid a $100 freight bill for delivery of the goods purchased on July 4. 10 Wholesale Furnishings retumed $1,100 of the merchandise purchased on July 4. The goods cost M and P Furniture Warehouse $400. 18...
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The following transactions occurred between Tucker's Furnishings and P and M Furniture Warehouse during July of the current year: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize these transactions on the books of Tucker's Furnishings, assuming the "net" method is used. (Record debits first, then credits. Exclude explanations from any journal entries.) Jul 4: Tucker's Furnishings purchased $8,000 of merchandise from P and M Furniture Warehouse on account. Terms,...
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The following transactions occurred between Tucker's Furnishings and P and M Furniture Warehouse during July of the current year: (Click the icon to view the transactions.) Read the requirements. Jul 18: Tucker's Furnishings paid $1,500 of the July 4 invoice less the discount. Journal Entry Date Accounts Debit Credit Jul 18 Requirements Jul 31: Tucker's Furnishings paid the remaining amount owed on the July 4 invoice. 1. Journalize these transactions on the books of...
Show All Your Works For Your Calculations: Calculate Debit for Accounts payable and Inventory And Calculate Credit for Cash below * More Info Jul 4 Wholesale Furnishings purchased $8,000 of merchandise from M and P Furniture Warehouse on account. Terms, 1/15, n/30, FOB shipping point. The goods cost M and P Furniture Warehouse $3,100. 7 Wholesale Furnishings paid a $100 freight bill for delivery of the goods purchased on July 4. 10 Wholesale Furnishings returned $1,100 of the merchandise purchased...
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0 Requirements 1. Journalize these transactions on the books of Tucker's Furnishings, assuming the "net" method is used. 2. Journalize these transactions on the books of P and M Furniture Warehouse, assuming the "net" method is used. Print Done Jul 18: Tucker's Furnishings paid $1,500 of the July 4 invoice less the discount. Journal Entry Accounts Date Debit Credit Jul Jul 31: Tucker's Furnishings paid the remaining amount owed on the July 4 invoice....
Nov 4 Purchased $5,500 of merchandise on account from Salem Tire. Terms, 1/15, n/45, FOB shipping point. Salem Tire prepaid the $250 shipping cost and added the amount to the invoice. 7 Purchased $400 of supplies on account from Bargain Depot. Terms, 4/10, n/30, FOB destination. 9 Sold $900 (cost, $425) of merchandise on account to W. Furmick. Terms, 3/15, n/45, FOB destination. 11 Paid $75 freight charges to deliver goods to W. Furmick. 13 Returned $1,300 of the merchandise...
Nov 4 Purchased $5,700 of merchandise on account from Goodsale Tire. Terms, 1/15, n/45, FOB shipping point. Goodsale Tire prepaid the $75 shipping cost and added the amount to the invoice. 7 Purchased $500 of supplies on account from Office Sale. Terms, 3/10, n/30, FOB destination. 9 Sold $1,400 (cost, $400) of merchandise on account to F. Smith. Terms, 2/15, n/45, FOB destination. 11 Paid $40 freight charges to deliver goods to F. Smith. 13 Returned $1,100 of the merchandise...