Mathematics

Mathematics, 15.07.2019 18:30, natalie2sheffield

Kay sadia sold merchandise for $15,200 subject to a 7% sales tax. the entry in the sales journal will include a credit to sales for

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Business, 10.07.2019 03:30, vmosley8648

Acompany sold merchandise for $24,000 on account with terms of 5/15, n/30. the company uses a perpetual inventory system. after two days, it received defective merchandise worth $4,000. the journal entry to record the cash receipt for the sale if the payment is received within 10 days of the invoice date would include a) a debit to cash for $20,000, a credit to merchandise inventory for $1,000, and a credit to sales revenue for $19,000. b) a debit to cash for $19,000, a debit to sales discount for $1,000, and a credit to accounts receivable for $20,000 c) a debit to cash for $20,000, a debit to merchandise inventory for $4,000, and a credit to accounts receivable for $24,000. d) a debit to sales revenue for $24,000, a credit to accounts receivable for $20,000, and a credit to sales discounts for $4,000

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Business, 16.07.2019 17:10, tchou163

The appliance store began operations march 1, 2019. the firm sells its merchandise for cash and on open account. sales are subject to a 6 percent sales tax. during march, the appliance store engaged in the following transactions: date transactions 2019 march 1 sold merchandise on credit to dave allen; issued sales slip 101 for $500 plus sales tax of $30. 4 sold merchandise on credit to castor phan; issued sales slip 102 for $950 plus sales tax of $57. 12 sold merchandise on credit to chris hughes; issued sales slip 103 for $1,050 plus sales tax of $63. 15 recorded cash sales for the period from march 1 to march 15 of $6,500 plus sales tax of $390. 25 sold merchandise on credit to brian cooley; issued sales slip 104 for $900 plus sales tax of $54. 28 received a check from castor phan of $230 to apply toward his account. 31 recorded cash sales for the period from march 16 to march 31 of $3,400 plus sales tax of $204. 31 received payment in full from dave allen for the sale of march 1. required: record the transactions in a general journal. post the entries from the general journal to the appropriate general ledger accounts.

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Mathematics, 29.07.2019 06:00, mmagee2020

Kay sadia sold merchandise for $7,200 subject to 8% sales tax. the entry in the general journal to record the sale will include:

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Kay sadia sold merchandise for $15,200 subject to a 7% sales tax. the entry in the sales journal wil...

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