FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

A company received invoice for materials (2000 items, 9.00 USD each) and for transportation 200 USD. VAT was calculated at 23%. Materials were delivered to

A company received invoice for materials (2000 items, 9.00 USD each) and for transportation 200 USD. VAT was calculated at 23%. Materials were delivered to a company.

Company measured materials with cost of purchase.

Prepare business transactions and present all suitable entries.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Describe biological, cognitive, and social development during childhood.

Answered: 1 week ago

Question

★★★★★
Suppose that a lean work center is being operated with a lot size of 50 units. Assume that 200 parts are demanded per hour and it takes three hours to circulate a container, including all setup, run,...

Answered: 1 week ago

Question

★★★★★
CSC100AA and CIS162AA Chapter 5 : Looping Ch 5 Program 4 Random Check RandomCheck.cpp (10 pts) In this program, we will be checking the randomness of the C++ random generator. Download the starting...

Answered: 1 week ago

Question

★★★★★
Aune pwent company red a whildayon ay 1, 2016. The purchase price was $300.000 in eo of the wholdiary book value of Stockholders lower the quando that was assigned to the following Origine Original...

Answered: 1 week ago

Question

★★★★★
A gift shop sells 400 boxes of scented candles a year. The ordering cost is \($60\) for scented candles, and holding cost is \($24\) per box per year. What is the minimum annual amount of these...

Answered: 1 week ago

Question

★★★★★
A car rental agency uses 96 boxes of staples a year. The boxes cost \($4\) each. It costs \($10\) to order staples, and it costs \($0.80\) to hold a box of staples in inventory for 1 year. How many...

Answered: 1 week ago

Question

★★★★★
How do you add two harmonic motions having different frequencies?

Answered: 1 week ago

Question

★★★★★
Pablo, Dirk and Franz run the only bar in town. Pablo wants to sell as many drinks as possible without losing money. Dirk wants the bar to bring in as much revenue as possible. Franz wants to make...

Answered: 1 week ago

Question

★★★★★
Continue with the gamma model of Exercise 5-2. (a) Show that \(\partial Q_{N}(\boldsymbol{\beta}) / \partial \boldsymbol{\beta}=\boldsymbol{N}^{-1} \sum_{i} 2\left[\left(y_{i}-\exp...

Answered: 1 week ago

Previous Question Next Question