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Need all 7 parts answered asap plz! all of it is so confusing to me July Transactions: 7/1 The company paid the monthly rent 7/1
Need all 7 parts answered asap plz! all of it is so confusing to me
July Transactions: 7/1 The company paid the monthly rent 7/1 Paid on account for an ad in the local radio station for $900 7/2 Paid the first installment due for the purchase of the ice Cream Equipment (total \$3400) 7/5 Purchased the following inventory ilems: \begin{tabular}{|c|c|c|c|} \hline Description & Quantity in LB & Price & Total Cost \\ \hline Milk & 240 & 2.95 & $708.00 \\ \hline Sugar & 190 & 1.65 & $313.50 \\ \hline Cacao & 120 & 3.75 & \$ 450.00 \\ \hline Butter & 130 & 3.25 & $422.50 \\ \hline \end{tabular} 7/5 Incurred $75 of freight cost, which they paid in cash All the inventory left over from June and purchased July was fully utilized in making the ice cream in July 7/15 Paid in full the Furniture purchased on account in June. 7/15 Paid in full the cost of the laptop 7/15 Paid in full the cost of the QuickBooks software 7/30 Paid the salaries of the two employees for July 7/30 Collected $8,900 in cash sales Chicago Summers Arial 10 A fx \begin{tabular}{|c|c|c|c|c|c|c|} \hline A & B & c & D & E & F & G \\ \hline \multirow[t]{10}{*}{ 30-Jun } & Description & Quantity in LB & Price & Total Cost & & \\ \hline & Milk & & & & & \\ \hline & Sugar & & & & & \\ \hline & Vanilla & & & & & \\ \hline & Cacao & & & & & \\ \hline & Butter & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & JULY PURCHA & & & & & \\ \hline \multirow[t]{8}{*}{ 5-Jul } & Description & Quantity in LB & Price & Total Cost & & \\ \hline & Milk & & & & & \\ \hline & Sugar & & & & & \\ \hline & Cacao & & & & & \\ \hline & Butter & & & & & \\ \hline & & & & & & \\ \hline & & ENTORY & & & & \\ \hline & \begin{tabular}{|l|} ENDING INVE: \\ Description \\ \end{tabular} & \begin{tabular}{l} ENTORY \\ Quantity in LB \end{tabular} & Price & Total Cost & & \\ \hline \multirow{6}{*}{ 31.Jul } & \begin{tabular}{|l|} Description \\ Milk \\ \end{tabular} & & & & & \\ \hline & Sugar & & z2 & & & \\ \hline & Vanilla & & & & & \\ \hline & Cacao & & & & & \\ \hline & Butter & & & & & \\ \hline & & & & & & \\ \hline \multirow{6}{*}{ 32Jul } & COST OF GOO & ODS SOLD AND INVE & & & & \\ \hline & cost of GoO & ODS SOLD AND INVE & \begin{tabular}{l} NTORY CALCUI \\ June Inventory \end{tabular} & ILATION & & \\ \hline & & & July Order & & & \\ \hline & & & Freight Cost & & & \\ \hline & & & Availabie for Sa & & & \\ \hline & & & \begin{tabular}{l} Less: Ending inv \\ Cost of Goods S \end{tabular} & \begin{tabular}{l} iventory Value \\ Sold \end{tabular} & & \\ \hline 1 & Project Ins & nstructions & July G & General Jou & ral & July T A \\ \hline \end{tabular} Arial Paste B I U Av Project Instructions July General Journal Ready Accessibility: Investigate Ready if Accessibility: Investigate Insert Draw X Arial 10 AA B I U v A fx Step by Step Solution
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