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Could use some help recording these! Thanks:) 22 23 24 May is anticipated to be a busy month. Be is concerned they may not have
Could use some help recording these! Thanks:) 22 23 24 May is anticipated to be a busy month. Be is concerned they may not have enough inventory. Therefore, four more bikes were purchased from their supplier at a price of $1,275 per bike. The purchase was made on their account with the bike store. Sold another bike to a customer that lived in Illinois. No sales tax was charged. The customer did not have his/her wallet so you sent them a bill. The total amount of the sale was $1,600 Made a payment of $105 towards the credit card purchase from #12 above. The payment included $10 of interest Made the first loan payment that was due on the bank loan. See the loan amortization tab included in the template to determine the allocation between principal and interest. To be discussed week of 11/30 (in class). Sold two more bikes to a local family. The total sales price was $5,000 plus tax of 5%. The customers paid in full with cash. TIP: Remember tax is charged and collected by the seller; however, the tax amount is "due to the appropriate governing body. A dividend in the amount of 10 cents (-10) per share is declared. May have to revisit after Chapter 11. 25 27 28 SH ADDER LAND ALLOWANCE TRADEMAR CASH AD INSURANCE MOUNTS MOVABLE WENTONY TRUE BLIN ACOM DE VO FORDI ACCTS 2 3 7 5 . 9 10 7 11 12 11 14 25 10 11 12 11 16 17 18 19 16 LYA 21 20 2 22 27 24 29 30 29 30 76 SE 306 I Cell Styles Format M O ACCOUNTS PAYABLE UNEARNED REVENUE CREDIT CARD LOAN PAYABLE SALES TAX PAYABLE DIVIDENDS PAYABLE PRTAXES PAYABLE WAGES PAYANE INCOME TAXES PAYABLE
Could use some help recording these! Thanks:)
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