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Sysco Corporation, formed in 1969, is the largest global distributor of food service products, serving over 500,000 restaurants, hotels, schools, hospitals, and other institutions. The following summarized transactions are typical of those that occurred in a recent year (dollars are in millions). a. Purchased buildings costing $458 and equipment costing $234 for cash. b. Borrowed $129 from a bank, signing a short-term note. c. Provided $53,171 in service to customers during the year, with $28,558 on account and the rest...
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Sysco, formed in 1969, is North America's largest marketer and distributor of food service products, serving approximately 425,000 restaurants, hotels, schools, hospitals, and other insitutions. The folowing summarized transactions are typical of those that occurred in a recent year (dollars are in millions) a Purchased plant and equipment for $600 in cash b. Borrowed $958 from a bank, signing a short-term note c. Provided $39,022 in service to customers during the year, with $26,750 on account and the rest neceived...
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please complete general journal
Sysco Corporation, formed in 1969, is the larget global distributor of food service products, serving over 500,000 restaurants, hotels, schools, hospitals, and other institutions. The following summarized transactions are typical of those that occurred in a recent year (dollars are in millions). a. Purchased buildings costing $436 and equipment costing $246 for cash. b. Borrowed $89 from a bank, signing a short-term note. c. Provided $50,971 in service to customers during the year, with $28,758 on...
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Saved Sysco is a global leader in marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments, and other customers who prepare meals away from home. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified. (Dollars are in thousands) a. Borrowed $80,000 from a bark, signing a short-term note payable. b. Provided $100,000 in service to customers, with 595,000 on account and the rest received in cash c...
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Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified. a. Borrowed $96,500 from a bank, signing a short-term note payable. b. Provided $109,500 in service to customers, with $104,300 on account and the rest received in cash. c. Purchased equipment for $170,000 in cash. d. Incurred and paid employee wages of $1,250....
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Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified. a. Borrowed $111,500 from a bank, signing a short-term note payable. b. Provided $106,800 in service to customers, with $101,000 on account and the rest received in cash. c. Purchased equipment for $163,000 in cash. d. Incurred and paid employee wages of $2,850....
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Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified. a Borrowed $82,000 from a bank, signing a short-term note payable. b. Provided $105,800 in service to customers, with $99,200 on account and the rest received in cash c. Purchased equipment for $182,000 in cash. d. Incurred and paid employee wages of $2,300....
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Complete this question by entering your answers in the tabs below. Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select Journal Entry Required in the first account field.) View transaction list View journal entry worksheet Debit Credit General Journal No Transaction 111.000 1 a 111.000 Cash Notes Payable (short-term) Required 2 > 3 of 4 SB < Prev Next > ere to search Required: 1....
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E3-10 Recording Journal Entries and Determining Net Income [LO 3-2, LO 3-3) Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified. a. Borrowed $125,000 from a bank, signing a short-term note payable. b. Provided $102,600 in service to customers, with $97.400 on account and the rest received in cash. c. Purchased equipment...
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a. Borrowed $125,000 from a bank, signing a short-term note payable. b. Provided $102,600 in service to customers, with $97,400 on account and the rest received in cash. c. Purchased equipment for $175,000 in cash. d. Incurred and paid employee wages of $2,250. e. Received $745 on account from a customer. f. Incurred and paid $4,200 cash for travel costs during the year. g. Paid $8,000 cash on accounts payable. h. Incurred $22,500 in utility expenses during the year, of...
Sysco Corporation, formed in 1969, is the largest global distributor of food service products, serving over 500,000 restaurants, hotels, schools, hospitals, and other institutions. The following summarized transactions are typical of those that occurred in a recent year (dollars are in millions). a. Purchased buildings costing $458 and equipment costing $234 for cash. b. Borrowed $129 from a bank, signing a short-term note. c. Provided $53,171 in service to customers during the year, with $28,558 on account and the rest...
Sysco, formed in 1969, is North America's largest marketer and distributor of food service products, serving approximately 425,000 restaurants, hotels, schools, hospitals, and other insitutions. The folowing summarized transactions are typical of those that occurred in a recent year (dollars are in millions) a Purchased plant and equipment for $600 in cash b. Borrowed $958 from a bank, signing a short-term note c. Provided $39,022 in service to customers during the year, with $26,750 on account and the rest neceived...
please complete general journal
Sysco Corporation, formed in 1969, is the larget global distributor of food service products, serving over 500,000 restaurants, hotels, schools, hospitals, and other institutions. The following summarized transactions are typical of those that occurred in a recent year (dollars are in millions). a. Purchased buildings costing $436 and equipment costing $246 for cash. b. Borrowed $89 from a bank, signing a short-term note. c. Provided $50,971 in service to customers during the year, with $28,758 on...
Saved Sysco is a global leader in marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments, and other customers who prepare meals away from home. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified. (Dollars are in thousands) a. Borrowed $80,000 from a bark, signing a short-term note payable. b. Provided $100,000 in service to customers, with 595,000 on account and the rest received in cash c...
Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified. a. Borrowed $96,500 from a bank, signing a short-term note payable. b. Provided $109,500 in service to customers, with $104,300 on account and the rest received in cash. c. Purchased equipment for $170,000 in cash. d. Incurred and paid employee wages of $1,250....
Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified. a. Borrowed $111,500 from a bank, signing a short-term note payable. b. Provided $106,800 in service to customers, with $101,000 on account and the rest received in cash. c. Purchased equipment for $163,000 in cash. d. Incurred and paid employee wages of $2,850....
Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified. a Borrowed $82,000 from a bank, signing a short-term note payable. b. Provided $105,800 in service to customers, with $99,200 on account and the rest received in cash c. Purchased equipment for $182,000 in cash. d. Incurred and paid employee wages of $2,300....
Complete this question by entering your answers in the tabs below. Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select Journal Entry Required in the first account field.) View transaction list View journal entry worksheet Debit Credit General Journal No Transaction 111.000 1 a 111.000 Cash Notes Payable (short-term) Required 2 > 3 of 4 SB < Prev Next > ere to search Required: 1....
E3-10 Recording Journal Entries and Determining Net Income [LO 3-2, LO 3-3) Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified. a. Borrowed $125,000 from a bank, signing a short-term note payable. b. Provided $102,600 in service to customers, with $97.400 on account and the rest received in cash. c. Purchased equipment...
a. Borrowed $125,000 from a bank, signing a short-term note payable. b. Provided $102,600 in service to customers, with $97,400 on account and the rest received in cash. c. Purchased equipment for $175,000 in cash. d. Incurred and paid employee wages of $2,250. e. Received $745 on account from a customer. f. Incurred and paid $4,200 cash for travel costs during the year. g. Paid $8,000 cash on accounts payable. h. Incurred $22,500 in utility expenses during the year, of...