Question

a. Sampson Co. sold merchandise to Batson Co. on account, $25,500, terms 2/15, net 45. b. The cost of the goods sold is $19,1
VLJU Prepare the entries that Batson Company woul or the information above. If an amount box does not require an entry, leave
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During the taking of its physical Inventory on December 31, Almond Supplies Company incorrectly courted its inventory as $545
Beginning inventory, purchases, and sales for an inventory item are as follows: Sep. 1 Beginning Inventory 34 units @ $16 5 S
Beginning inventory, purchases, and sales for an inventory item are as follows: Sep. 1 Beginning Inventory 25 units @ $11 5 S
Beginning inventory, purchases, and sales data for tennis rackets are as follows: 14 Sale April 3 Inventory 19 units $14 11 P
Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units $15 11 Purchase
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Answer #1

Answerto Question 1: In the books of Sampson Company: Credit Debit 24,990 24,990 General Journal Accounts Receivable ($25,500

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