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BUSINESS CASE (100 points) Jim has recently opened a dry fruits wholesale company dedicated to the sale of peanuts, almonds aFebruary 6: Sold to several clients: Pistachios: 2.000Kg@ 20$/kg $40.000 Almonds: 2.500Kg @ 11$/kg $ 27.500 Peanuts: 3.000KgFebruary 14: Purchase of Peanuts 6.000 Kg @4$/kg $24.000 February 19: Sold to several clients: Pistachios: 1.000Kg@ 21$/Kg. $Besides these transactions, the company has had the following expenses: Salaries: $3500 Electricity bill: $300 Renting of equ3: In order to compare with the records made by his accountant, Jim asks you to prepare the different journal entries for theRubrics 9-10 8.9 7-7.9 Descriptor The student demonstrates an excellent understanding of the concepts. The student demonstrat

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  • Accountancy

    Jim has recently opened a dry fruits wholesale company dedicated to the sale of peanuts, almonds and pistachios.During its first month of activity, the company has made the following transactions:Kg Price per Kg AmountFebruary 2: Purchase of Pistachios: 2500 $11 $27,500Purchase of Almonds: 4000 $6 $24,000Purchase of Peanuts: 6000 $4 $24,000February 3: Purchase of Pistachios: 1500 $13 $19,500Purchase of Almonds: 2000 $7 $14,000Purchas of Peanuts: 2000 $5 $10,000February 6: Sold to several clients:Pistachios: 2000 $21 $42,000Almonds: 2500 $12 $30,000Peanuts: 3000...

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