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Jan. 9, 2023 Jan. 29, 2023 Feb. 5, 2023 Jul. 9, 2023 se Purchased computer equipment at a cost of $11,000, signing a six-month, 8%
Jan. 9, 2023 Jan. 29, 2023 Feb. 5, 2023 Jul. 9, 2023 se Purchased computer equipment at a cost of $11,000, signing a six-month, 8% note payable for that amount. Recorded the week's sales of $67,000, three-fourths on credit and one-fourth for cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold. Sent the last week's sales tax to the state. Paid the six-month, 8% note, plus interest, at maturity, Purchased merchandise inventory for $15,000, signing a six-month, 10% note payable. The company uses the perpetual inventory system. Accrued warranty expense, which is estimated at 3% of sales of $600,000 Accrued interest on all outstanding notes payable. Paid the six-month 10% note, plus interest, at maturity. Aug. 31, 2023 Dec. 31, 2023 Dec. 31, 2023 Feb. 28, 2024 Print Done Jan 29, 2023: Recorded the week's sales of $67,000, three-fourths on credit and one-fourth for cash. Sales amounts are subject to a 8% state sales tax. Ignore ce of goods sold Date Accounts Debit Credit Jan 29
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