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On December 28, 20Y3, Silverman Enterprises sold $17,000 of merchandise to Beasley Co. with terms 2/10, n/30. The cost of the goods sold was $10,700.
On December 28, 20Y3, Silverman Enterprises sold $17,000 of merchandise to Beasley Co. with terms 2/10, n/30. The cost of the goods sold was $10,700. On December 31, 20Y3, Silverman prepared it's adjusting entries, yearly financial statements, and closing entries. On January 3, 20Y4, Silverman Enterprises issued Beasley Co. a credit memo for returned merchandise. The invoice amount of the returned merchandise was $4,100 and the merchandise originally cost Silverman Enterprises $2,250.
enow.com im/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator Print Item Customer return and refund On December 28, 203, Silverman Enterprises sold $17,000 of merchandise to Beasley Co. with terms 2/10, n/30. The cost of the goods sold was $10,700. On December 31, 2043, Silverman prepared its adjusting entries, yearly financial statements, and dosing entries. On January 3, 2014, Silverman Enterprises issued Beasley Co. a credit memo for returned merchandise. The invoice amount of the returned merchandise was $4,100 and merchandise originally cost Silverman Enterprises $2,250. a. Journalize the entries by Silverman Enterprises to record the December 28, 2093 sale, using the net method under a perpetual inventory system. an amount box does not require an entry, leave it blank 2013 Dec. 28 Accounts Receivable-Beasley Co. Cash 20Y3 Dec. 28 Cost of Goods Sold Inventory b. Journalize the entries by Silverman Enterprises to record the merchandise returned by Beasley Co. on January 3, 2014. If an amount box does not require an entry, leave it blank. 2014 Jan. 3 2014 Jan. 3 Check My Work 5 more Check My Work uses remaining Previous Next 9:42 PM 7/8/2020 hop + genow.com takeassignment'take Assignment Main doinvoker=&take AssignmentSessionLocator=&inprogress=false eBook Calculator Print Item 20Y3 Dec. 28 Accounts Receivable-Beasley Co. Cash 2013 Dec. 28 Cost of Goods Sold Inventory b. Journalize the entries by Silverman Enterprises to record the merchandise require an entry, leave it blank. med by Beasley Co. on January 3, 20Y4. If an amount box 2014 Jan. 3 2014 Jan. 3 c. Journalize the entry to record the receipt of the amount due by Beasley Co. on January 7, 2014. If an amount box does not require an entry, le blank. 2014 Jan. 7 Check My Work 5 more Check My Work uses remaining Previous Ne a. Journalize the entries by Silverman Enterprises to record the December 28, 20Y3 sale, using the net method under a perpetual inventory system. If an amount box does not require an entry, leave it blank.
b. Journalize the entries by Silverman Enterprises to record the merchandise returned by Beasley Co. on January 3, 20Y4. If an amount box does not require an entry, leave it blank.
c. Journalize the entry to record the receipt of the amount due by Beasley Co. on January 7, 20Y4. If an amount box does not require an entry, leave it blank.
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