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Big Country Ski Shop is a retail store that sells ski equipment and clothing. Big Country Ski Shop commenced business on September 1, 20X1. The
Big Country Ski Shop is a retail store that sells ski equipment and clothing. Big Country Ski Shop commenced business on September 1, 20X1. The firm purchases merchandise on open account. The firm's purchases, purchase returns and allowances, and cash payments on account during September 20x1 follow: DATE TRANSACTIONS 20x1 Sept. 2 Purchased aki boots for $6,300 plus a freight charge of $280 from Colorado ski shop, Invoice 6672, terns n/30. 3 Purchased skis for $11,900 from Alaska Supply Company, Invoice 59161 terms 3/10, n/30. 7 Received Credit Memorandum 165 for $970 from Colorado Ski Shop for return of damaged ski boots; the boots were originally purchased September 2 on Invoice 6672. 11 Purchased aki jackets for $4,700 from Cold Mountain Clothing Company, Invoice 4091, terno n/30. 12 Issued Check 104 to Alanka Supply Company in payment of Invoice 5916, dated September 3, less the cash discount. 22 Purchased aki poles for 54,460 plus a freight charge of $155 fron Alaska Supply Company, Invoice 5950; terms 3/10, n/30. 23 Purchased ski pants for $2,950 Erom Swenson Ski Goods, Invoice 528, terns n/30. 25 Received Credit Memorandum 245 for $370 from Swenson Ski Goods for return of defective aki pants the pants were originally purchased September 23 on Invoice 528. 27 Purchased ski sweaters for $3,300 plus a freight charge of $135 from Colorado Ski Shop. Invoice 6722, terms n/30. 30 Taued check 110 to Colorado ski shop in payment of Invoice 6672, dated September 2, less the return of September 7. Required: Record the transactions in a general Journal. Analyze What was the amount of the cash discount on September 12? General Journal Analyze Record the transactions in a general journal. View transaction list Journal entry worksheet Purchased ski boots for $6,300 plus a freight charge of $280 from Colorado Ski Shop, Invoice 6672, terms n/30 Note: Enter debits before credits General Journal Debit Credit Date Sept 02, 20X1 + Record entry Clear entry View general Journal Journal entry worksheet 6 8 9 10 Purchased skis for $11,900 from Alaska Supply Company, Invoice 5916; terms 3/10, n/30 Note: Enter debits before credits. Date General Journal Debit Credit Sept 03, 20X1 Record entry Clear entry Vlew general Journal Journal entry worksheet Received Credit Memorandum 165 for $970 from Colorado Ski Shop for return of damaged ski boots; the boots were originally purchased September 2 on Invoice 6672. Note: Enter debits before credits. Date General Journal Debit Credit Sept 07, 20X1 Record entry Clear entry View general Journal Journal entry worksheet 1 2 56 3 4 Purchased ski pants for $2,950 from Swenson Ski Goods, Invoice 528, terms n/30. Note: Enter debits before credits. General Journal Debit Credit Date Sept 23, 20X1 Record entry Clear entry View general Journal Journal entry worksheet 10
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