Business

Business, 31.10.2019 01:31, restra06

The following selected transactions were completed by green lawn supplies co., which sells irrigation supplies primarily to wholesalers and occasionally to retail customers: july 1. sold merchandise on account to landscapes co., $15,400, terms fob shipping point, n/eom. the cost of merchandise sold was $9,200. 2. sold merchandise for $26,500 plus 5% sales tax to retail cash customers. the cost of merchandise sold was $17,200. 5. sold merchandise on account to peacock company, $37,900, terms fob destination, 2/10, n/30. the cost of merchandise sold was $24,600. 8. sold merchandise for $11,100 plus 7% sales tax to retail customjournalize the entries to record the transactions of green lawn supplies co. refer to the chart of accounts for exact wording of account titles.

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Business, 17.09.2019 20:00, emj70

Transactions and t accounts the following selected transactions were completed during july of the current year: billed customers for fees earned, $46,980. purchased supplies on account, $2,020. received cash from customers on account, $44,160. paid creditors on account, $1,220. a. journalize these transactions in a two-column journal, using the appropriate number to identify the transactions. if an amount box does not require an entry, leave it blank. (1) accounts receivable 46,980 fees earned 46,980 (2) supplies 2,020 accounts payable 2,020 (3) accounts receivable 44,160 cash 44,160 (4) accounts payable 1,220 cash 1,220 b. post the entries prepared in (a) to the following t accounts: cash, supplies, accounts receivable, accounts payable, fees earned. to the left of each amount posted in the accounts, select the appropriate number to identify the transaction. cash accounts payable supplies fees earned accounts receivable c. assume that the unadjusted trial balance on july 31 shows a credit balance for accounts receivable. does this credit balance mean an error has occurred?

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Business, 17.09.2019 21:20, moranmar2283

Identify which account would be debited and credited to record each transaction occurred at forever green lawn service. the first transaction has been completed as an example. transactions debit credit ex. issued a check for monthly rent. rent expense cash 1. purchased supplies on account. supplies accounts payable 2. purchased new equipment, issuing a check for a down payment, with balance due in thirty days. equipment cash, accounts payable 3. provided services on account. accounts receivable fees income 4. purchase supplies for cash. supplies cash 5. issued a check to pay a creditor on account. accounts payable cash 6. collected payment from credit customer. cash accounts receivable 7. issued checks to pay employees their monthly salaries. salaries expense cash 8. performed services for cash. accounts receivable fees income 9. received cash for damaged supplies returned. cash supplies 10. issued a check to pay the telephone bill.

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Business, 08.10.2019 19:00, southsan2021

Identify which account would be debited and credited to record each transaction occurred at forever green lawn service. the first transaction has been completed as an example. transactions debit credit ex. issued a check for monthly rent. rent expense cash 1. purchased supplies on account. supplies accounts payable 2. purchased new equipment, issuing a check for a down payment, with balance due in thirty days. equipment cash, accounts payable 3. provided services on account. accounts receivable fees income 4. purchase supplies for cash. supplies cash 5. issued a check to pay a creditor on account. accounts payable cash 6. collected payment from credit customer. cash accounts receivable 7. issued checks to pay employees their monthly salaries. salaries expense cash 8. performed services for cash. accounts receivable fees income 9. received cash for damaged supplies returned. cash supplies 10. issued a check to pay the telephone bill.

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Business, 29.10.2019 01:31, shortyyashaun

Identify which account would be debited and credited to record each transaction occurred at forever green lawn service. the first transaction has been completed as an example. transactions debit credit ex. issued a check for monthly rent. rent expense cash 1. purchased supplies on account. supplies accounts payable 2. purchased new equipment, issuing a check for a down payment, with balance due in thirty days. equipment cash, accounts payable 3. provided services on account. accounts receivable fees income 4. purchase supplies for cash. supplies cash 5. issued a check to pay a creditor on account. accounts payable cash 6. collected payment from credit customer. cash accounts receivable 7. issued checks to pay employees their monthly salaries. salaries expense cash 8. performed services for cash. accounts receivable fees income 9. received cash for damaged supplies returned. cash supplies 10. issued a check to pay the telephone bill.

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