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Antiques by Addie uses a perpetual inventory system Journalize the following sales transactions for Antiques by Addio Explanations are not required. The company estimates sales

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Antiques by Addie uses a perpetual inventory system Journalize the following sales transactions for Antiques by Addio Explanations are not required. The company estimates sales returns at the end of each month (Record debits first, then credits. Exclude explanations from ournal entries. Assume the company records sales at the net amount Round all numbers to the nearest whole dollar) Click the lcon to view the transactions.) Jan 4 Sold 519,000 of antiques on account credit tornis are n/30 to Conch Designs Cost of goods is $9.500 Begin by preparing the entry to journalize the sale portion of the transaction Do not record the expense related to the saleWe will do that in the following step Date Accounts Debit Credit Jan & Now joumalize the expense related to the January 4 sale. Cost of goods. $9.500 Date Accounts Debit Credit Jan 4 Jan 8 Received a 5200 salos retum on damaged goods from Conch Designs, Cost of goods damaged is $100 Start by preparing the entry to record the sales return and decrease the receivable: Do not update the Merchandise inventory with this entry we will do that in the following step Date Accounts Debit Credit Jan 8 Now prepare the entry to update the Merchandise Inventory account for the cost of the returned merchandise-cost of goods returned 5100 Choose from any list or enter any number in the input fields and then continue to the next question Now prepare the entry to update the Merchandise Inventory account for the cost of the returned merchandise-cost of goods returned 5100 Date Accounts Debit Credit Jan 8 Jan 13 Antiques by Addie recelved payment from Conch Designs on the amount due from Jan. 4. less the return Date Accounts Debit Credit Jan 13 Jan 20 Sold 54,400 of amiques on account, credit terms are 2/10,n/45, FOB destination, to Whitman Furniture Cost of goods is $2.200 Begin by preparing the entry to journalize the sale portion of the transaction Do not record the expense related to the sale. We will do that in the following step Date Accounts Debit Credit Jan 20 Now journalize the expense related to the Jan 20 sale--Cost of goods, $2,200 Date Accounts Debit Credit Jan 20 Choose from any list or enter any number in the input fields and then continue to the next question Save for Later 86F Rain coming 10:44 PM 7/18/2021 Now journalize the expense related to the Jan 20 saleCost of goods, $2,200. Date Accounts Debit Credit Jan 20 Jan 20: Antiques by Addie paid $110 on freight out to Whitman Furniture, Date Accounts Debit Credit Jan. 20 Jan. 29. Received payment from Whitman Furniture on the amount due from Jan 20, less the discount Date Accounts Debit Credit Jan 29 Choose from any list or enter any number in the input fields and then continue to the next

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