Homework Answers
| Accounts and Explanation | Debit | Credit |
| Sales revenue | $94,000 | - |
| Accounts receivable | - | $94,000 |
| (To record merchandise returned) | ||
| Merchandise inventory | $53,100 | - |
| Cost of goods sold | - | $53,100 |
| (To record cost of merchandise returned) |
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Attempts: 3 of 5 used (b On March 6, Concord Company returned $94,000 of the merchandise...
On March 2, Cullumber Company sold $835,000 of merchandise on account to Bramble Company, terms 2/10,...
On March 2, Cullumber Company sold $835,000 of merchandise on
account to Bramble Company, terms 2/10, n/30. The cost of the
merchandise sold was $585,000. (Credit account titles
are automatically indented when amount is entered. Do not indent
manually.)
Account Titles and Explanation
Debit
Credit
Show List of Accounts
Show Answer
Link to Text
Attempts: 3 of 3 used
(b)
Your answer is partially correct. Try again.
On March 6, Bramble Company returned $83,500 of the merchandise
purchased on March...
On March 2, Skysong, Inc. sold $929,000 of merchandise on account to Riverbed Company, terms 4/10...
On March 2, Skysong, Inc. sold $929,000 of merchandise on account to Riverbed Company, terms 4/10, n/30. The cost of the merchandise sold was $558,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit (To record credit sale) To record cost of merchandise sold) On March 6, Riverbed Company returned $92,900...
Only need help with part (b) first pic is extra informationOnly need part (b) answered On...
Only need help with part (b) first pic is extra
informationOnly need part (b)
answered
On March 2, Oriole Company sold $932,000 of merchandise on account to Cheyenne Company, terms 3/10, n/30. The cost of the merchandise sold was $581,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Credit Debit Sales Revenue 932,000 932.000 Accounts Receivable Click if you would like to Show Work for this question: Open Show Work...
SIR System Announcements CALCATE PRINTER VERSION 4 Аск NE aces Brief Exercise 5-04 a-c (Part Level...
SIR System Announcements CALCATE PRINTER VERSION 4 Аск NE aces Brief Exercise 5-04 a-c (Part Level Submission) Prepare the journal entries to record the following transactions on Sheridan Company's books using a perpetual inventory system (a) On March 2, Sheridan Company sold $940,000 of merchandise on account to Concord Company, terms 3/10, 1/30. The cost of the merchandise sold was 5584,000. (Credit account tities are automatically indented when amount is entered. Do not indent manually. Account Tities and Explanation Debit...
Part C thank you. Hele I System Announcements CALCULATOR | | PRINTER VERSION ! : イBA...
Part C thank you.
Hele I System Announcements CALCULATOR | | PRINTER VERSION ! : イBA Brief Exercise 5-05 a-c (Part Level Submission) Prepare the journal entries to record the following transactions on Novak Company's books under a perpetual inventory system. 7(a) Your answE is partially correct. Try again. On March 2. Wildhorse Company sold $916,000 of merchandise $597,000. (Credi on account to Novak Company, terms 2/10, n/30. The cost of the merchandise sold was it account titles are automatically...
Brief Exercise 5-3 Prepare the journal entries to record the following transactions on Novak Corp.'s books...
Brief Exercise 5-3 Prepare the journal entries to record the following transactions on Novak Corp.'s books using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) on March 2, Novak Corp. sold E758,000 of merchandise to Edgebrook Company, terms 2/10, n/30. The cost of the merchandise sold was E524,000. Account Tities and Explanation Debit Credit (To record the sale) (To record cost of merchandise sold) (b) on March 6, Edgebrook...
Presented below are selected transactions of Concord Company. Concord sells in large quantities to other companies...
Presented below are selected transactions of Concord Company. Concord sells in large quantities to other companies and also sells its product in a small retail outlet. March 1 Sold merchandise on account to Dodson Company for $8,800, terms 6/10, n/30. 3 Dodson Company returned merchandise worth $700 to Concord. 9 Concord collected the amount due from Dodson Company from the March 1 sale. 15 Concord sold merchandise for $1,000 in its retail outlet. The customer used his Concord credit card....
On March 2, Ivanhoe Company sold $863,000 of merchandise on account to Sarasota Company, terms 2/10,...
On March 2, Ivanhoe Company sold $863,000 of merchandise on
account to Sarasota Company, terms 2/10, n/30. The cost of the
merchandise sold was $577,000. (Credit account titles are
automatically indented when amount is entered. Do not indent
manually.)
Brief Exercise 5-04 a-c (Part Level Submission) Prepare the journal entries to record the following transactions on Ivanhoe Company's books using a perpetual inventory system. (a) On March 2, Ivanhoe Company sold $863,000 of merchandise on account to Sarasota Company, terms...
CALCULATOR BACK NEXT Brief Exercise 5.03 Wildhorse Company buys merchandise on account from Novak Company. The...
CALCULATOR BACK NEXT Brief Exercise 5.03 Wildhorse Company buys merchandise on account from Novak Company. The selling price of the goods is 51,330, and the cost of the goods is $90. Both companies use perpetual Inventory systems Journalize the transaction on the books of both companies. (Credit account trties are automatically indented when amount is entered. Do not indent manually Account Tities and Explanation Debit Credit Wildhorse Company (To record credit purchase of inventory) Novak Company (To record credit sale)...
Thank you. thumbs up! Brief Exercise 5-05 a-c Prepare the journal entries to record the following...
Thank you. thumbs up!
Brief Exercise 5-05 a-c Prepare the journal entries to record the following transactions on Sensat Company's books using a perpetual inventory system. On March 2, Kwang Company sold $900,000 of merchandise on account to Sensat Company, terms 2/10, n/30. The cost of the merchandise sold was $620,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o...
On March 2, Cullumber Company sold $835,000 of merchandise on
account to Bramble Company, terms 2/10, n/30. The cost of the
merchandise sold was $585,000. (Credit account titles
are automatically indented when amount is entered. Do not indent
manually.)
Account Titles and Explanation
Debit
Credit
Show List of Accounts
Show Answer
Link to Text
Attempts: 3 of 3 used
(b)
Your answer is partially correct. Try again.
On March 6, Bramble Company returned $83,500 of the merchandise
purchased on March...
On March 2, Skysong, Inc. sold $929,000 of merchandise on account to Riverbed Company, terms 4/10, n/30. The cost of the merchandise sold was $558,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit (To record credit sale) To record cost of merchandise sold) On March 6, Riverbed Company returned $92,900...
Only need help with part (b) first pic is extra
informationOnly need part (b)
answered
On March 2, Oriole Company sold $932,000 of merchandise on account to Cheyenne Company, terms 3/10, n/30. The cost of the merchandise sold was $581,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Credit Debit Sales Revenue 932,000 932.000 Accounts Receivable Click if you would like to Show Work for this question: Open Show Work...
SIR System Announcements CALCATE PRINTER VERSION 4 Аск NE aces Brief Exercise 5-04 a-c (Part Level Submission) Prepare the journal entries to record the following transactions on Sheridan Company's books using a perpetual inventory system (a) On March 2, Sheridan Company sold $940,000 of merchandise on account to Concord Company, terms 3/10, 1/30. The cost of the merchandise sold was 5584,000. (Credit account tities are automatically indented when amount is entered. Do not indent manually. Account Tities and Explanation Debit...
Part C thank you.
Hele I System Announcements CALCULATOR | | PRINTER VERSION ! : イBA Brief Exercise 5-05 a-c (Part Level Submission) Prepare the journal entries to record the following transactions on Novak Company's books under a perpetual inventory system. 7(a) Your answE is partially correct. Try again. On March 2. Wildhorse Company sold $916,000 of merchandise $597,000. (Credi on account to Novak Company, terms 2/10, n/30. The cost of the merchandise sold was it account titles are automatically...
Brief Exercise 5-3 Prepare the journal entries to record the following transactions on Novak Corp.'s books using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) on March 2, Novak Corp. sold E758,000 of merchandise to Edgebrook Company, terms 2/10, n/30. The cost of the merchandise sold was E524,000. Account Tities and Explanation Debit Credit (To record the sale) (To record cost of merchandise sold) (b) on March 6, Edgebrook...
On March 2, Ivanhoe Company sold $863,000 of merchandise on
account to Sarasota Company, terms 2/10, n/30. The cost of the
merchandise sold was $577,000. (Credit account titles are
automatically indented when amount is entered. Do not indent
manually.)
Brief Exercise 5-04 a-c (Part Level Submission) Prepare the journal entries to record the following transactions on Ivanhoe Company's books using a perpetual inventory system. (a) On March 2, Ivanhoe Company sold $863,000 of merchandise on account to Sarasota Company, terms...
CALCULATOR BACK NEXT Brief Exercise 5.03 Wildhorse Company buys merchandise on account from Novak Company. The selling price of the goods is 51,330, and the cost of the goods is $90. Both companies use perpetual Inventory systems Journalize the transaction on the books of both companies. (Credit account trties are automatically indented when amount is entered. Do not indent manually Account Tities and Explanation Debit Credit Wildhorse Company (To record credit purchase of inventory) Novak Company (To record credit sale)...
Thank you. thumbs up!
Brief Exercise 5-05 a-c Prepare the journal entries to record the following transactions on Sensat Company's books using a perpetual inventory system. On March 2, Kwang Company sold $900,000 of merchandise on account to Sensat Company, terms 2/10, n/30. The cost of the merchandise sold was $620,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o...
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