Transactions for Buyer and Seller Sievert Co. sold merchandise to Angelleti Co. on account, $5,350, terms...
Transactions for Buyer and Seller
Sievert Co. sold merchandise to Angelleti Co. on account, $5,350, terms 2/15, n/30. The cost of the merchandise sold is $3,210.
Journalize Sievert Co.'s entry for the sale, purchase, and payment of amount due.
Journalize Angelleti Co.'s entry for the sale, purchase, and payment of amount due.
Homework Answers
Sievert
| 1 | Accounts receivable | 5243 | |
| Sales revenue (5350-2%) | 5243 | ||
| Cost of Goods Sold | 3210 | ||
| Merchandise Inventory | 3210 | ||
| Cash | 5243 | ||
| Accounts Receivable | 5243 |
Angelleti
| 1 | Merchandise inventory | 5243 | |
| Accounts Payable | 5243 | ||
| Accounts Payable | 5243 | ||
| Cash | 5243 |
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Transactions for Buyer and Seller
Sievert Co. sold merchandise to Angelleti Co. on account,
$5,350, terms...
Transactions for Buyer and Seller Sievert Co.sold merchandise to Bray Co. on account,$11,500, terms 2/15, n/30. The...
Transactions for Buyer and Seller Sievert Co.sold merchandise to Bray Co. on account,$11,500, terms 2/15, n/30. The cost of the merchandise sold is $6,900. Sievert Co. issued a credit memorandum for $900 for merchandise returned and later received the amount due within the discount period. The cost of the merchandise returned was $540. Journalize Sievert Co.'s and Bray Co.'s entries for the payment of the amount due.
Transactions for Buyer and Seller Shore Co. sold merchandise to Blue Star Co. on account, $110,300,...
Transactions for Buyer and Seller Shore Co. sold merchandise to Blue Star Co. on account, $110,300, terms FOB shipping point, 2/10, n/30. The cost of the goods sold is $66,180. Shore paid freight of $2,000. þournalize Shore Co.'s entry for the sale, purchase, and payment of amount due, using the net method under a perpetual inventory system. If an amount box does not require an entry, leave it blank. DO OD Journalize Blue Star Coi's entry for the sale, purchase,...
pls solve for all Transactions for Buyer and Seller Grayson Co. sold merchandise to Vargas Co....
pls solve for all
Transactions for Buyer and Seller Grayson Co. sold merchandise to Vargas Co. on account, $152,900, terms FOB shipping point, 2/10, 1/30. The cost of the merchandise sold is $91,740. Grayson Co. paid freight of $2,900. Assume that all discounts are taken Journalize Grayson Co.'s entries for the (a) sale, (b) purchase, and (c) payment of amount due. If an amount box does not require an entry, leave it blank. (a) Accounts Receivable Vargas Co. 149,842 Sales...
Shore Co. sold merchandise to Blue Star Co. on account, $110,600, terms FOB shipping point, 2/10,...
Shore Co. sold merchandise to Blue Star Co. on account, $110,600, terms FOB shipping point, 2/10, n/30. The cost of the goods sold is $66,360. Shore paid freight of $2,000. Journalize Shore Co.'s entry for the sale, purchase, and payment of amount due, using the net method under a perpetual inventory system. If an amount box does not require an entry, leave it blank. Accounts Receivable-Blue Star Co. 108,388 Sales 108,388 Cost of Goods Sold 66,360 Inventory 66,360 Accounts Receivable-Blue...
Transactions for Buyer and Seler Shore Co. sold merchandise to Blue Star Co. on account, $111.200,...
Transactions for Buyer and Seler Shore Co. sold merchandise to Blue Star Co. on account, $111.200, terms FoB shipping point, 2/10, n/30. The cost of the goods sold is $66,720. shore paid freight of $1,900. ournalize Shore Co.'s entry for the sale, purchase, and payment of amount due. Accounts Receivable Blue Star 108,976 v Sales v 108976 Cost of Goods Sold 66,720 v Inventory Accounts Recelvable-Blue Star Co. 1,900 Cash Cash v 110,876 v Accounts Recelvable-Blue Star Co. ( 110876]...
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counting for Merchandising Businesses + PE 6-3B Sales transactions OBJ. 2 Journalize the following merchandise transactions: a. Sold merchandise on account, $92,500 with terms 1/10, 1/30. The cost of the mer- chandise sold was $55,500. b. Received payment less the discount. c. Issued a credit memo for returned merchandise that was sold for $10.400 terms n/30. The cost of the merchandise returned was $6,500. PE 6-4A Freight terms OBJ. 2 Determine the amount to be paid in full settlement of...
If someone could assist me with answering this question WITH STEPS it would be highly appreciated....
If someone could assist me with answering this question
WITH STEPS it would be highly appreciated. I am trying to figure
out how to do these types of questions so the more steps the
better. Thank you for your time!
Transactions for Buyer and Seller Slevert Co. sold merchandise to Angelleti Co, on account, $8,500, terms 2/15, n/30. The cost of merchandise sold is $5,100. Assume all discounts are taken. Journalize Sievert Co.'s entries for (a) the sale on account...
Shore Co. sold merchandise to Blue Star Co. on account, $110,600, terms FOB shipping point, 2/10,...
Shore Co. sold merchandise to Blue Star Co. on account, $110,600, terms FOB shipping point, 2/10, n/30. The cost of the goods sold is $66,360. Shore paid freight of $2,000. Journalize Shore Co.'s entry for the sale, purchase, and payment of amount due, using the net method under a perpetual inventory system.
On March 1, Sather Co. sold merchandise to Boone Co. on account, $32,400, terms 2/15, n/30....
On March 1, Sather Co. sold merchandise to Boone Co. on account, $32,400, terms 2/15, n/30. The cost of the merchandise sold is $17,500. The merchandise was paid for on March 14. Journalize the entries for Sather Co. and Boone Co. for the sale, purchase, and payment of amount due. Refer to the appropriate company’s Chart of Accounts for exact wording of account titles.
On March 1, Sather Co. sold merchandise to Boone Co. on account, $31,800, terms 2/15, n/30.
On March 1, Sather Co. sold merchandise to Boone Co. on account, $31,800, terms 2/15, n/30. The cost of the merchandise sold is $19,000. The merchandise was paid for on March 14. Assume all discounts are taken. Required: Journalize the entries for Sather Co. and Boone Co. for the sale, purchase, and payment of amount due. Refer to the appropriate company's Chart of Accounts for exact wording of account titles.
Transactions for Buyer and Seller Sievert Co.sold merchandise to Bray Co. on account,$11,500, terms 2/15, n/30. The cost of the merchandise sold is $6,900. Sievert Co. issued a credit memorandum for $900 for merchandise returned and later received the amount due within the discount period. The cost of the merchandise returned was $540. Journalize Sievert Co.'s and Bray Co.'s entries for the payment of the amount due.
Transactions for Buyer and Seller Shore Co. sold merchandise to Blue Star Co. on account, $110,300, terms FOB shipping point, 2/10, n/30. The cost of the goods sold is $66,180. Shore paid freight of $2,000. þournalize Shore Co.'s entry for the sale, purchase, and payment of amount due, using the net method under a perpetual inventory system. If an amount box does not require an entry, leave it blank. DO OD Journalize Blue Star Coi's entry for the sale, purchase,...
pls solve for all
Transactions for Buyer and Seller Grayson Co. sold merchandise to Vargas Co. on account, $152,900, terms FOB shipping point, 2/10, 1/30. The cost of the merchandise sold is $91,740. Grayson Co. paid freight of $2,900. Assume that all discounts are taken Journalize Grayson Co.'s entries for the (a) sale, (b) purchase, and (c) payment of amount due. If an amount box does not require an entry, leave it blank. (a) Accounts Receivable Vargas Co. 149,842 Sales...
Shore Co. sold merchandise to Blue Star Co. on account, $110,600, terms FOB shipping point, 2/10, n/30. The cost of the goods sold is $66,360. Shore paid freight of $2,000. Journalize Shore Co.'s entry for the sale, purchase, and payment of amount due, using the net method under a perpetual inventory system. If an amount box does not require an entry, leave it blank. Accounts Receivable-Blue Star Co. 108,388 Sales 108,388 Cost of Goods Sold 66,360 Inventory 66,360 Accounts Receivable-Blue...
Transactions for Buyer and Seler Shore Co. sold merchandise to Blue Star Co. on account, $111.200, terms FoB shipping point, 2/10, n/30. The cost of the goods sold is $66,720. shore paid freight of $1,900. ournalize Shore Co.'s entry for the sale, purchase, and payment of amount due. Accounts Receivable Blue Star 108,976 v Sales v 108976 Cost of Goods Sold 66,720 v Inventory Accounts Recelvable-Blue Star Co. 1,900 Cash Cash v 110,876 v Accounts Recelvable-Blue Star Co. ( 110876]...
counting for Merchandising Businesses + PE 6-3B Sales transactions OBJ. 2 Journalize the following merchandise transactions: a. Sold merchandise on account, $92,500 with terms 1/10, 1/30. The cost of the mer- chandise sold was $55,500. b. Received payment less the discount. c. Issued a credit memo for returned merchandise that was sold for $10.400 terms n/30. The cost of the merchandise returned was $6,500. PE 6-4A Freight terms OBJ. 2 Determine the amount to be paid in full settlement of...
If someone could assist me with answering this question
WITH STEPS it would be highly appreciated. I am trying to figure
out how to do these types of questions so the more steps the
better. Thank you for your time!
Transactions for Buyer and Seller Slevert Co. sold merchandise to Angelleti Co, on account, $8,500, terms 2/15, n/30. The cost of merchandise sold is $5,100. Assume all discounts are taken. Journalize Sievert Co.'s entries for (a) the sale on account...
On March 1, Sather Co. sold merchandise to Boone Co. on account, $31,800, terms 2/15, n/30. The cost of the merchandise sold is $19,000. The merchandise was paid for on March 14. Assume all discounts are taken. Required: Journalize the entries for Sather Co. and Boone Co. for the sale, purchase, and payment of amount due. Refer to the appropriate company's Chart of Accounts for exact wording of account titles.
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