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how to prepare the T-account entries. what to enter into the T Accounts Amozun : (17,07% 14,541 -0,421 12,451 9. Financial decision-makers rely on a

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how to prepare the T-account entries.
what to enter into the T Accounts
image text in transcribed
Amozun : (17,07% 14,541 -0,421 12,451 9. Financial decision-makers rely on a lot of information other than the financial information presented in a company's annual report when they are making decisions. It is very important for these decision makers to also stay informed about Current events related to the companies they are making decisions about Search the internet for an article on either Waimartor Amazon that sounds interesting to you and that would be relevant to an investor in one of these companies. Be prepared to share what you find with the class 10. Walmart purchases many of its inventory items from wholesalers rather than directly from manufacturers. McKesson is one of those wholesalers. Assume that on February 10, 2020, Walmart purchases 6% more inventory than it had available for sale on January 31, 2020, the last day of Walmart's 2019 fiscal year. Walmart purchases the inventory on credit from McKesson with the terms 2/10, 1/30 Prepare the entries to record the hypothetical purchase on February 10, 2020 and the hypothetical payment to McKesson on February 18, 2020 ASSETS LIABILITIES EQUITY + + Cash Aaanb phable Beschand in handy ACCT 200 FUNDAMENTALS OF FINANCIAL ACCOUNTING INVENTORY ACTIVITY: Part 1 PAGES 10. Walmart purchases many of its inventory items from wholesalers rather than directly from manufacturers. McKesson is one of those wholesalers. Assume that on February 10, 2020, Walmart purchases 6% more inventory than it had available for sale on January 31, 2020, the last day of Walmart's 2019 fiscal year. Walmart purchases the inventory on credit from McKesson with the terms 2/10, 1/30 Prepare the entries to record the hypothetical purchase on February 10, 2020 and the hypothetical payment to McKesson on February 18, 2020 ASSETS LIABILITIES EQUITY + + + Cash Accounts payable Merchandise Inventary

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