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entries and, therefore, all revenue and expense accounS naoL transactions for January through March follow The company paid cash to 7 The company , purchased-$5.800

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entries and, therefore, all revenue and expense accounS naoL transactions for January through March follow The company paid cash to 7 The company , purchased-$5.800 of nerchandise from Kansas Corp. with tem of nen/, os tipping point, imvoice dated January 9 The company received $2,668 cash fros Gonez Co. as full payment on its account 11 The company completed a five-day project for Alex's Engineering Co. and billed it $5,500, which is th total price of $7,000 less the advance payment of $1,5e 13 The company sold rchandise with a retail value of $5,200 and a cost of $3,560 to Liu Corp., invoice dated January 13 15 The conpany paid $689 cash for freight charges on the merchandise purchased on 3anuary 7 16 The company received $4,0699 cash fros Delta Co. for computer services provided 17 The conpany paid Kansas Corp, for the invoice dated 3anuary 7, net of the discount 29 Liu Corp. returned $500 of defective merchandise from its invoice dated 3anuary 13. The returned merchandise, which had a %320 cost, is discarded. (The policy of Business Solutions is to leave the of defective products in cost of goods sold. 22 The company received the balance due from Liu Corp., net of both the discount and the credit for the returned serchandise 24 The company returned defective serchandise to Kansas Corp. and accepted a credit against future purchases. The defective merchandise invoice cost, net of the discount, was $496, 26 The company purchased $9,e00 of merchandise from Kansas Corp. with teres of 1/10, n/30, FOB destinat invoice dated 3anuary 26 26 The conpany sold serchandise with a $4,640 cost for $5,800 on credit to KC, Inc., invoice dated Janu 31 The company paid cash to Lyn Addie for 10 days" work at $125 per day Feb. 1 The company paid $2,475 cash to Hillside Mal1 for another three months' rent in advance , The company paid Kansas Corp. for thr balance due, net of the cash discount, less the H% aount in 5 The company pald 5680 cash to the local newspaper for an advertising insert in today's paper 11 The company received the balance due from Alex's Engineering Co. for fees billed on January 11 15 The company paid $4,800 cash in dividends 23 The company sold merchandise with a $2,668 cost for 53,220 on credit to Delta Co.,nvoice dated Feb 26 The company paid cash to Lyn Addle for eight days work at $125 per day 8 9 0 Deiehe Enter entries and, therefore, all revenue and expense accounS naoL transactions for January through March follow The company paid cash to 7 The company , purchased-$5.800 of nerchandise from Kansas Corp. with tem of nen/, os tipping point, imvoice dated January 9 The company received $2,668 cash fros Gonez Co. as full payment on its account 11 The company completed a five-day project for Alex's Engineering Co. and billed it $5,500, which is th total price of $7,000 less the advance payment of $1,5e 13 The company sold rchandise with a retail value of $5,200 and a cost of $3,560 to Liu Corp., invoice dated January 13 15 The conpany paid $689 cash for freight charges on the merchandise purchased on 3anuary 7 16 The company received $4,0699 cash fros Delta Co. for computer services provided 17 The conpany paid Kansas Corp, for the invoice dated 3anuary 7, net of the discount 29 Liu Corp. returned $500 of defective merchandise from its invoice dated 3anuary 13. The returned merchandise, which had a %320 cost, is discarded. (The policy of Business Solutions is to leave the of defective products in cost of goods sold. 22 The company received the balance due from Liu Corp., net of both the discount and the credit for the returned serchandise 24 The company returned defective serchandise to Kansas Corp. and accepted a credit against future purchases. The defective merchandise invoice cost, net of the discount, was $496, 26 The company purchased $9,e00 of merchandise from Kansas Corp. with teres of 1/10, n/30, FOB destinat invoice dated 3anuary 26 26 The conpany sold serchandise with a $4,640 cost for $5,800 on credit to KC, Inc., invoice dated Janu 31 The company paid cash to Lyn Addie for 10 days" work at $125 per day Feb. 1 The company paid $2,475 cash to Hillside Mal1 for another three months' rent in advance , The company paid Kansas Corp. for thr balance due, net of the cash discount, less the H% aount in 5 The company pald 5680 cash to the local newspaper for an advertising insert in today's paper 11 The company received the balance due from Alex's Engineering Co. for fees billed on January 11 15 The company paid $4,800 cash in dividends 23 The company sold merchandise with a $2,668 cost for 53,220 on credit to Delta Co.,nvoice dated Feb 26 The company paid cash to Lyn Addle for eight days work at $125 per day 8 9 0 Deiehe Enter

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