Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

my basic is totally out please help oredy got the first one THANK YOU SO MUCH! I UNDERSTAND EVERY DETAIL!! Question 3 Not yet answered

my basic is totally out please help
image text in transcribed
image text in transcribed
oredy got the first one
THANK YOU SO MUCH! I UNDERSTAND EVERY DETAIL!!
Question 3 Not yet answered Marked out of 1.00 p Flag question Triple A Enterprise makes a purchase of RM35,000 of inventory, subject to credit terms of 3/10/30 and returns RM6,000 of inventory prior to payment. What is the amount of the payment assuming payment is made within the discount period? Select one A RM29.000 B RM28.130 CRM29.870 DRM39.770 Marted out of 1.00 Flag question Adil Sdn. Bhd. is a merchandising company in Sabak Bernam. The company received full payment within the discount period for sales invoice amounting RM10,000, terms 2/15. /30. The journal entry to record the transaction include: Select one: A Debit Cash RM9.800: debit Sales Discount RM200 Credit Sales SNO B Debit Cash RM10,000: Credit Accounts Receivable Debit Cash RM9.800 Debit Sales Discount RM 300.000 D Debit Accounts Receivable RM10.000 Credit Sales RM TO 000 Question 3 Not yet answered Marked out of 1.00 p Flag question Triple A Enterprise makes a purchase of RM35,000 of inventory, subject to credit terms of 3/10/30 and returns RM6,000 of inventory prior to payment. What is the amount of the payment assuming payment is made within the discount period? Select one A RM29.000 B RM28.130 CRM29.870 DRM39.770 Marted out of 1.00 Flag question Adil Sdn. Bhd. is a merchandising company in Sabak Bernam. The company received full payment within the discount period for sales invoice amounting RM10,000, terms 2/15. /30. The journal entry to record the transaction include: Select one: A Debit Cash RM9.800: debit Sales Discount RM200 Credit Sales SNO B Debit Cash RM10,000: Credit Accounts Receivable Debit Cash RM9.800 Debit Sales Discount RM 300.000 D Debit Accounts Receivable RM10.000 Credit Sales RM TO 000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Database Security And Auditing Protecting Data Integrity And Accessibility

Authors: Hassan A. Afyouni

1st Edition

0619215593, 9780619215590

More Books

Students also viewed these Accounting questions