Homework Answers
| Purchases Journal | ||||
| Account | Inv. Dr. | |||
| Date | Credited | Terms | Ref. | A/P Cr. |
| 2020 | ||||
| 10-Sep | A.Pagan | 2/10, n/30 | $ 570.00 | |
| 25-Sep | D.Downs | n/30 | $ 820.00 | |
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Blossom Company uses special journals and a general journal. The following transactions occurred during September 2020....
Exercise 7-6 Company uses special journals and a general journal. The following transactions occurred during September...
Exercise 7-6 Company uses special journals and a general journal. The following transactions occurred during September 2017. 2 Sold merchandise on account to H. Drew, invoice no. 101, s620, terms n/30. The cost of the merchandise sold was $420. 10 Purchased merchandise on account from A. Pagan $650, terms 2/10, n/30. 12 Purchased office equipment on account from R. Cairo $6,500. 21 Sold merchandise on account to G. Holliday, invoice no. 102 for $800, terms 2/10, n/30. The cost of...
Exercise 7-06 a-b (Video) Ivanhoe Company uses special journals and a general journal. The following transactions...
Exercise 7-06 a-b (Video) Ivanhoe Company uses special journals and a general journal. The following transactions occurred during September 2020. Sept. 2 Sold merchandise on account to H. Drew, invoice no. 101, $755, terms n/30. The cost of the merchandise sold was $395. 10 Purchased merchandise on account from A. Pagan $565, terms 2/10, 1/30 12 Purchased office equipment on account from R. Cairo $6,900. 21 Sold merchandise on account to G. Holliday, invoice no. 102 for $750, terms 2/10,...
uestion 1 w Policies Trent Attempt in Progress Blossom Company uses special Journals and a general...
uestion 1 w Policies Trent Attempt in Progress Blossom Company uses special Journals and a general journal. The following transactions occurred during September 2020, Sept. Sold merchandise on account to H. Drew, invoice no 101, $730, terms 1/30. The cost of the merchandise sold was $470. 10 Purchased merchandise on account from A. Pagan $570, terms 2/10, 1/30 12 Purchased office equipment on account from R. Cairo $6,200. Sold merchandise on account to G. Holliday, invoice no. 102 for $790,...
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R. Ivanhoe Co. uses special journals and a general journal. The following transactions occurred during May 2020 May 1 R. Ivanhoe invested $46,400 cash in the business. 2 Sold merchandise to Lawrie Co. for $5,830 cash. The cost of the merchandise sold was $4,050 3 Purchased merchandise for $7,170 from J. Moskos using check no. 101 14 Paid salary to H. Rivera $725 by issuing check no. 102. 16 Sold merchandise on account to K. Stanton for $820, terms n/30....
Question 2 View Policies Current Attempt in Progress R. Wildhorse Co.uses special journals and a general...
Question 2 View Policies Current Attempt in Progress R. Wildhorse Co.uses special journals and a general journal. The following transactions occurred during May 2020. May R. Wildhorse invested $46,500 cash in the business. 2 Sold merchandise to Lawrie Co.for $6,000 cash. The cost of the merchandise sold was $4,050. ය Purchased merchandise for $7.200 from J. Moskos using check no. 101. Paid salary to H. Rivera $635 by issuing check no. 102. 14 Sold merchandise on account to K. Stanton...
Blue Company, a sole proprietorship owned by V. Blue, reports under ASPE. It uses special journals...
Blue Company, a sole proprietorship owned by V. Blue, reports under ASPE. It uses special journals and a general journal. The company uses a perpetual inventory system and had the following transactions: Sept. 2 Sold merchandise on account to T. Lu, $2,040, invoice #321, terms n/30. The cost of the merchandise sold was $1,320. 3 Purchased supplies on account from Berko Co., $175. 10 Purchased merchandise on account from Leonard Co., $820, FOB shipping point, terms n/30. 11 Paid freight...
Hel Peachtree Company uses sales journal, purchases journal, cash receipts journal, cash payments journal, and general...
Hel Peachtree Company uses sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal. May 1 Purchased $11,100 of merchandise on credit from Krause, Inc., terms n/30. 8 Sold merchandise costing $940 to G. Seles for $1,700 on credit subject to a $32 sales discount if paid by the end of the month. 14 Purchased $260 of store supplies from Chang Company on credit, terms...
Peachtree Company uses sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal....
Peachtree Company uses sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal. May 1 Purchased $20,100 of merchandise on credit from Krause, Inc., terms n/30. 8 Sold merchandise costing $1,300 to G. Seles for $3,500 on credit subject to a $50 sales discount if paid by the end of the month. 14 Purchased $440 of store supplies from Chang Company on credit, terms n/30....
Corona Company uses a sales journal, a cash recipts journal, and a general journal to record...
Corona Company uses a sales journal, a cash recipts journal, and a
general journal to record transactions with its customers. Record
the following transactions in the appropriate journals. The cost of
all merchandise sold was 65% of the sales price.
Corona Company uses a sales joumal, a cash receipts journal and a general journal to record transactions with its customers. Record the following transactions in the appropriate pumals. The cost of all merchandise sold was 65% of the soles price...
Caesar Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general...
Caesar Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the sales journal. June 5 Purchased $3,000 of merchandise on credit from Roman Corp. 9 Sold merchandise costing $945 to R. Allen for $1,575, terms n/10, Invoice No. 2080. 12 Sold merchandise costing $570 to J. Meyer for $950 cash, Invoice No. 2081. 19 Received $1,575 cash from R. Allen to pay for the...
Exercise 7-6 Company uses special journals and a general journal. The following transactions occurred during September 2017. 2 Sold merchandise on account to H. Drew, invoice no. 101, s620, terms n/30. The cost of the merchandise sold was $420. 10 Purchased merchandise on account from A. Pagan $650, terms 2/10, n/30. 12 Purchased office equipment on account from R. Cairo $6,500. 21 Sold merchandise on account to G. Holliday, invoice no. 102 for $800, terms 2/10, n/30. The cost of...
Exercise 7-06 a-b (Video) Ivanhoe Company uses special journals and a general journal. The following transactions occurred during September 2020. Sept. 2 Sold merchandise on account to H. Drew, invoice no. 101, $755, terms n/30. The cost of the merchandise sold was $395. 10 Purchased merchandise on account from A. Pagan $565, terms 2/10, 1/30 12 Purchased office equipment on account from R. Cairo $6,900. 21 Sold merchandise on account to G. Holliday, invoice no. 102 for $750, terms 2/10,...
uestion 1 w Policies Trent Attempt in Progress Blossom Company uses special Journals and a general journal. The following transactions occurred during September 2020, Sept. Sold merchandise on account to H. Drew, invoice no 101, $730, terms 1/30. The cost of the merchandise sold was $470. 10 Purchased merchandise on account from A. Pagan $570, terms 2/10, 1/30 12 Purchased office equipment on account from R. Cairo $6,200. Sold merchandise on account to G. Holliday, invoice no. 102 for $790,...
R. Ivanhoe Co. uses special journals and a general journal. The following transactions occurred during May 2020 May 1 R. Ivanhoe invested $46,400 cash in the business. 2 Sold merchandise to Lawrie Co. for $5,830 cash. The cost of the merchandise sold was $4,050 3 Purchased merchandise for $7,170 from J. Moskos using check no. 101 14 Paid salary to H. Rivera $725 by issuing check no. 102. 16 Sold merchandise on account to K. Stanton for $820, terms n/30....
Question 2 View Policies Current Attempt in Progress R. Wildhorse Co.uses special journals and a general journal. The following transactions occurred during May 2020. May R. Wildhorse invested $46,500 cash in the business. 2 Sold merchandise to Lawrie Co.for $6,000 cash. The cost of the merchandise sold was $4,050. ය Purchased merchandise for $7.200 from J. Moskos using check no. 101. Paid salary to H. Rivera $635 by issuing check no. 102. 14 Sold merchandise on account to K. Stanton...
Hel Peachtree Company uses sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal. May 1 Purchased $11,100 of merchandise on credit from Krause, Inc., terms n/30. 8 Sold merchandise costing $940 to G. Seles for $1,700 on credit subject to a $32 sales discount if paid by the end of the month. 14 Purchased $260 of store supplies from Chang Company on credit, terms...
Peachtree Company uses sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal. May 1 Purchased $20,100 of merchandise on credit from Krause, Inc., terms n/30. 8 Sold merchandise costing $1,300 to G. Seles for $3,500 on credit subject to a $50 sales discount if paid by the end of the month. 14 Purchased $440 of store supplies from Chang Company on credit, terms n/30....
Corona Company uses a sales journal, a cash recipts journal, and a
general journal to record transactions with its customers. Record
the following transactions in the appropriate journals. The cost of
all merchandise sold was 65% of the sales price.
Corona Company uses a sales joumal, a cash receipts journal and a general journal to record transactions with its customers. Record the following transactions in the appropriate pumals. The cost of all merchandise sold was 65% of the soles price...
Caesar Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the sales journal. June 5 Purchased $3,000 of merchandise on credit from Roman Corp. 9 Sold merchandise costing $945 to R. Allen for $1,575, terms n/10, Invoice No. 2080. 12 Sold merchandise costing $570 to J. Meyer for $950 cash, Invoice No. 2081. 19 Received $1,575 cash from R. Allen to pay for the...
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