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Devin 11 Take me to the Assume you are the bookkeeper for Mo's Wholesalers, a distributor of kitchen furniture. Your sales manager informed you that
Devin 11 Take me to the Assume you are the bookkeeper for Mo's Wholesalers, a distributor of kitchen furniture. Your sales manager informed you that Chad's Retailers is unhappy with the quality of some tables delivered on August 9, 2010, and wit be shipping back all of the goods. The orginal the amounted to $2,000 and the goods cost Mora's $1,200. Using a perpetual eventory system, complete the pumal entries for Moira's Wholesalers for each of the following independent scenarios Ballas Enter detik accounts in all Required Rather than taking back the tables, your sales manager agreed to allow Chad's Retailers a 15% discount if they agree to keep the goods. Record Chad's payment in settlement of the invoice on September 9 assuming the allowance is not conded unit the settlerent de Date 2019 Account Tille and Explanation + " Cafeled amanding accounts receivable Det Credit b) Suppose that Chad's shipped back all of the goods on August 21 and the inventory was put back on the sales floor. Journalize the transactions. Record the sales return transaction first Date Account Title and Explanation Debit Credit 2019 Aug 21 Aug 21 Record sales returns Restock inventory c) Suppose that Chad's shipped back half of the goods on August 21 and kept the other half with a 6% allowance. Journalize the transactions. Record the sales return transaction first. Debit Date Account Title and Explanation Credit 2019 Aug 21 Record sales returns Aug 21 Check Restock inventory 11 Take me to the text Assume you are the bookkeeper for Moira's Wholesalers, a distributor of kitchen furniture Your sales manager informed you that Chad's Retailers is unhappy with the quality of some tables delivered on August 9, 2010, and will be shipping back all of the goods. The original invoice amounted to $2,000 and the goods cost Moira's $1,200 Using a perpetual imventory system, complete the journal entries for Moira's Wholesalers for each of the following independent scenarios Rented signs.or.commas in the outs Bound all to 2 Enter debit accounts in Required Rather than taking back the tables, your sales manager agreed to allow Chad's Retailers a 15% discount if they agree to keep the goods Record Chad's payment in settlement of the imoice on September 3 assuming the allowance a not recorded until the settlement date Date 2010 Sep 9 Account Title and Explanation Collected outstanding accounts receivable Debit Credit b Suppose that Chad's shipped back all of the goods on August 21 and the inventory was put back on the sales floor. Journalize the transactions. Record the sales return transaction first Account Title and Explanation Date 2019 Aug 21 Debit Credit Aug 21 Record sales returns Restock inventory Record the in transaction first cl Suppose that Chad's shipped back half of the goods on August 21 and kept the other half with a 5% allowance. Journalize the transactions. Record the sales return transaction first. Date Account Title and Explanation Debit Credit 2019 Aug 21 Record sales returns Aug 21 + Check Restock inventory
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