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2 4 Part 2 of 3 Apr. 2. Purchased $14,700 of merchandise on credit from Noth Company, terms 2/10, n/60. 3 (a) Sold merchandise on

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2 4 Part 2 of 3 Apr. 2. Purchased $14,700 of merchandise on credit from Noth Company, terms 2/10, n/60. 3 (a) Sold merchandise on credit to Page Alistair, Invoice No. 760, for $5,200 (cost is $2,700). 3 (b) Purchased $1,530 of office supplies on credit from Custer, Inc. terns n/30. Issued Check No. 587 to World View for advertising expense of $886. 5 Sold merchandise on credit to Paola Kohr, Invoice No. 761, for $8,300 (cost is $6,600). 6 Returned $65 of office supplies purchased on April 3 to Custer, The Wiset reduces accounts payable by that amount. 9 Purchased $12,045 of store equipment on credit from Hal's Supply, terns n/30. 11 Sold merchandise on credit to Nie Nelson, Invoice No. 762, for $11,600 (cost is $7,800). 12 Issued Check No.588 to Moth Company in payment of its April2 purchase less the discount of $294. 1) (a) Received payment from Page Alistair for the April 3 sale less the discount of $104. 13 b) Sold $11,900 of merchandise on credit to Page Alistair (cost is $4,100), Invoice No. 763. 14 Received paynent from Paula Kohr for the April 5 sale less the discount of $166. 16 (a) Issued Check No. 589 for $10,150, payee'is Payroll, in payment of sales salaries expense for the first half of the month. 16 (b) Cash sales for the first half of the month are $54,780 (cost is $42,600). These cash sales are recorded in the cash receipts journal on April 16. 17 Purchased $11,500 of merchandise on credit from Grant Company, terms 2/10, 1/30. 18 Borrowed $68,000 cash from First State Bank by signing a long-tern note payable. 20 (a) Received payment from Nie Nelson for the April 11 solo less the discount of $232. 20 (b) Purchased $1,160 of store supplies on credit from al's Supply, terme 1/30. 23 ) Returned $800 of defective merchandise purchased on April 17 to Grant Company. Weet reduces accounts payable that amount 23 (b) Received paynent fron Page Alistair for the April 1) sale loss the discount of $238. 25 Purchased $11,670 of merchandise on credit from oth Company, terms 2/10, 1/60. 26 Ted Check No. 590 to Grant Company in payment of its April 17 Invoice less the return and the $216 discount 27 (a) Sold $3,110 of merchandise on credit to Paula Rohr, Invoice No. 764 (cost is $2,790). 27 (b) told 38,500 of merchandise on credit to Nie Nelson, Tivolce No. 765 font le 54,560). 30 a tasued Check No. 39 for $10,150, Mayee to Payroll, in pasient of the sales salaries expense for the last halt of the month. 30 (1) Cash sales for the last half of the month are $71,400 (cost is $62,600). These cash sales are recorded in the cash receipts journ on April 30. Assume that Wiset Co uses the perpetual inventory system 2 & 3. Enter the March 31 balances for Cash ($89.000), Inventory ($155.000). Long-Term Notes Payable ($144,000), and B. Wiset Capital ($100,000). Post the total amounts from the journal in the following general ledger accounts and in the accounts receivable subsidiary ledger accounts for Paula Kohr, Page Alistair, and Nic Nelson 9 Apr. 2 Purchased $14,700 of merchandise on credit from Noth Company, terms 2/10, n/60. 3 (a) Sold merchandise on credit to Page Alistair, Invoice No. 760, for $5,200 (cost is $2,700). 3 (b) Purchased $1,530 of office supplies on credit from Custer, Inc. terms n/30. 4 Issued Check No. 587 to World View for advertising expense of $886. 5 Sold merchandise on credit to Paula Kohr, Invoice No. 761, for $8,300 (cost is $6,600). 6 Returned $65 of office supplies purchased on April 3 to Custer, Inc. Wiset reduces accounts payable by that amount. Purchased $12,045 of store equipment on credit from Hal's Supply, terms n/30. 11 Sold merchandise on credit to Nic Nelson, Invoice No. 762, for $11,600 (cost is $7,800). 12 Issued Check No. 588 to Noth Company in payment of its April 2 purchase less the discount of $294. 13 (a) Received payment from Page Alistair for the April 3 sale less the discount of $104. 13 (b) Sold $11,900 of merchandise on credit to Page Alistair (cost is $4,100), Invoice No. 763. 14 Received payment from Paula Kohr for the April 5 sale less the discount of $166. 16 (a) Issued Check No. 589 for $10,150, payee is Payroll, in payment of sales salaries expense for the first half of the month. 16 (b) Cash sales for the first half of the month are $54,780 (cost is $42, 600). These cash sales are recorded in the cash receipts journal on April 16. 17 Purchased $11,500 of merchandise on credit from Grant Company, terms 2/10, n/30. 18 Borrowed $68,000 cash from First State Bank by signing a long-term note payable. 20 (a) Received payment from Nie Nelson for the April 11 sale less the discount of $232. 20 (b) Purchased $1,160 of store supplies on credit from Hal's Supply, terms n/30. 23 (a) Returned $800 of defective merchandise purchased on April 17 to Grant Company. Wiset reduces accounts payable by that amount. 23 (b) Received payment from Page Alistair for the April 13 sale less the discount of $238. 25 Purchased $11,670 of merchandise on credit from Noth Company, terms 2/10, n/60. 26 Issued check No. 590 to Grant Company in payment of its April 17 invoice less the return and the $214 discount. 27 (a) Sold $3,110 of merchandise on credit to Paula Kohr, Invoice No. 764 (cost is $2,790). 27 (b) Sold $8,500 of merchandise on credit to Nic Nelson, Invoice No. 765 (cost is $4,560). 30 (a) Issued Check No. 591 for $10,150, payee is Payroll, in payment of the sales salaries expense for the last half of the month. 30 (b) Cash sales for the last half of the month are $71,400 (cost is $62,600). These cash sales are recorded in the cash receipts journal on April 30

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