What entry is made to record a sale of merchandise on account under periodic inventory procedure? pg58
Question:
What entry is made to record a sale of merchandise on account under periodic inventory procedure? pg58
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting A Business Perspective
ISBN: 9780075615859
7th Edition
Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher
Question Posted:
Students also viewed these Business questions
-
What entry is made to record a sale of merchandise on account under periodic inventory procedure?
-
$ millions for Research In Motion and Apple. 4-9, Nokia, Research in Motion, and Apple are competitors in the global marketplace. Key comparative figures for each company follow. Nokia* . . . . . . ....
-
Good Afternoon Can you please assist me again with my discussion? Accounting for Merchandising Businesses Computers have become a staple in the lives of most people. There are many companies that...
-
On January 1, Year 2, PAT Ltd. acquired 90% of SAT Inc. when SATs retained earnings were $900,000. There was no acquisition differential. PAT accounts for its investment under the cost method. SAT...
-
For each of the following, indicate if the supply for the good would become more elastic or less elastic as a result of each change and briefly justify your answer. (Once again, in each case the...
-
Preferred stock differs from common stock in that: Multiple Choice preferred stock has more voting power and, as such, greater control over the management of the company. preferred stockholders are...
-
1. The MacDonald family of five has health insurance coverage that pays 75 percent of out-of-hospital expenses after a $600 deductible per person. Mrs. MacDonald incurred doctor and prescription...
-
The Current Designs staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 4,000 kayaks during 2013. Each kayak will require 54 pounds...
-
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020. Indirect factory labor Direct materials used Work in process, 6/1/20 Work in process,...
-
Describe trade discounts and chain discounts. pg58
-
Which account titles are likely to appear in a merchan- dising company's ledger that do not appear in the ledger of a service enterprise? pg58
-
List and explain the steps to plan a distribution channel strategy. pp. 378384
-
Solve xy' - 2y = x.
-
Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $15. At the start of January 2021, VGC's income statement accounts had zero...
-
Financial data, medical service data, and staffing data are best defined as what type of data
-
. What is meant by the term "foreign exchange rate"? In general, what causes foreign exchange rates to vary over time? . Do changes in foreign exchange rates benefit or hurt U.S. companies that are...
-
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing...
-
Under the Foreign Sovereign Immunities Act of 1976, on what bases might a foreign state be considered subject to the jurisdiction of U.S. courts?
-
Consider the sections of two circuits illustrated above. Select True or False for all statements.After connecting a and b to a battery, the voltage across R1 always equals the voltage across R2.Rcd...
-
Suppose you sell a fixed asset for $83,337 when its book value is $41,370. If your company's marginal tax rate is 25 percent, what will be the after-tax cash flow of this sale? DO NOT USE DOLLAR...
-
Playaz.com Inc., a social networking website, just sold a bond with 40 warrants attached. The bonds have a 12-year term to maturity and a semi-annual coupon of 3.35%. The bonds trade at a premium of...
-
You own 100 shares of stock. It will pay (per share) $10 dividend in year 1, $25 dividend in years 2-9, and $175 liquidating dividend in year 10. The required return on the stock is 10%. a) What is...
Study smarter with the SolutionInn App