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Jan 1 3 11 15 Wildhorse accepted a 4-month, 8% note from Merando Company in payment of Merando's $4,200 account Wildhorse wrote off as uncollectible

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Jan 1 3 11 15 Wildhorse accepted a 4-month, 8% note from Merando Company in payment of Merando's $4,200 account Wildhorse wrote off as uncollectible the accounts of Inwood Corporation ($500) and Gaza Company ($100). Wildhorse purchased $18,600 of Inventory on account. Wildhorse sold for $25,600 on account inventory that cost $17.200. Wildhorse sold inventory that cost $700 to Mark Lauber for $1.500. Lauber charged this amount on his Visa First Bank card. The service fee charged Wildhorse by First Bank is 3%. Wildhorse collected $21.900 from customers on account Wildhorse paid $16,400 on accounts payable. Wildhorse received payment in full (100) from Goza Company on the account written off on January 3, Wildhors purchased supplies for $1,450 cash. Wildhorse paid other operating expenses. $3,400. 17 21 24 27 Adjustment data 2 2 Interest is recorded for the month on the note from January 1. Bad debts are expected to be 6% of the January 31, 2020, accounts receivable A count of supplies on January 31, 2020, reveals that $600 remains unused dy REA la MBO 80 888 1 $ 4 * 2 % 5 & 7 6 8 9 Q W E R Y U O S D F G I J J L Z X ? B N M $ Total eTextbook and Media Listot Accounts Attempts of a used 6 Bo FE * # 3 $ 4 % 5 A 6 &7 * CO . 7 9 0 E R P T Y U I O F H J K L A > B N M Jan 1 3 11 15 Wildhorse accepted a 4-month, 8% note from Merando Company in payment of Merando's $4,200 account Wildhorse wrote off as uncollectible the accounts of Inwood Corporation ($500) and Gaza Company ($100). Wildhorse purchased $18,600 of Inventory on account. Wildhorse sold for $25,600 on account inventory that cost $17.200. Wildhorse sold inventory that cost $700 to Mark Lauber for $1.500. Lauber charged this amount on his Visa First Bank card. The service fee charged Wildhorse by First Bank is 3%. Wildhorse collected $21.900 from customers on account Wildhorse paid $16,400 on accounts payable. Wildhorse received payment in full (100) from Goza Company on the account written off on January 3, Wildhors purchased supplies for $1,450 cash. Wildhorse paid other operating expenses. $3,400. 17 21 24 27 Adjustment data 2 2 Interest is recorded for the month on the note from January 1. Bad debts are expected to be 6% of the January 31, 2020, accounts receivable A count of supplies on January 31, 2020, reveals that $600 remains unused dy REA la MBO 80 888 1 $ 4 * 2 % 5 & 7 6 8 9 Q W E R Y U O S D F G I J J L Z X ? B N M $ Total eTextbook and Media Listot Accounts Attempts of a used 6 Bo FE * # 3 $ 4 % 5 A 6 &7 * CO . 7 9 0 E R P T Y U I O F H J K L A > B N M

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