On the tomb 0.2020. London Jewell purchased Inventory of 551000 on contaminary rem wees. Once the good and head worth of who went ordered Indled in the invoke London and med en Odobu 4 on 14. Lindon pad Hodon Required 1. Joumalize all necessary wions fordon dewiswich the per ty Explanations are not %. Somalee the transactions of Hudson Gemeld, which is the perpendwo Hudson's gross marga kad percento com of goods sold at percent of sales Explanations are not read www Requintet 1. Jounin all necessay tracons for London Jewels, which we wysem Explanations are now Let's start by recording the Soptower receipt and invoice of entory Record debit first, then die Exclude explanations from journalen. Round with wood Jour way Dato Accounts De September 30 S, WHIC Uses the perpetual inventory system Explanations are not required 2. Journalize the transactions of Hudson Gems Ltd, which uses the perpetual inventory system. Hudson's gross margin is 40 percent, so cost of goods sold is Now, record the return of unsuitable merchandise on October 4 Journal Entry Dato Accounts Debit Credit October 4 Finally, record the payment on October 14 Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input hields and then continue to the next question Type here to search O BE HE pop niventory system Explanations are not required 2. Journalize the transactions of Hudson Gems Ltd, which uses the perpetual inventory system. Hudson's gross margin is 40 percent, so cost of goods sold is 60 percent of salen Finally, record the payment on October 14 Journal Entry Date Accounts Debit Credit Octobe 14 Requirement 2. Journalize the transactions of Hudson Gems Ltd, which uses the perpetual inventory system. Hudson's gross margin is 40 percent, so cost of goods sold is 6 perc We will begin Hudson's Journal entries for the sale Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question O DE ER Type here to search colo goods solis percent of a plantes Requirement 2. Journalire the transactions of Hution which uses the perpen Huis grous magie in 40 percent se cost of goods sold 50 percent of Explorations were We will begin Hudson's journal entries for the sale Journal Entry Date Accounts Debit Cat September 30 Next Journalize the cost of goods sold Un entory system Explanations are not required ULJ I Son Cems Lid which uses the perpetual inventory system. Hudson's gross margin is 40 percent, so cost of goods sold is 6 percent of sales Exp Next, journalize the cost of goods sold Journal Entry Date Accounts Debit September Credit 30 On May 4th, London Jewellers returned unsuitable merchandise. Prepare the joumal entry for the return Do not update Cost of Goods Sold at this time Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question E Type here to search O RE system. Hudson's gross margin is 40 percent, se cost of goods sold is 60 percent of sales De On May 4th, London Jewellers returned unsuitable merchandise. Prepare the journal entry for the retum. Do not update Cost of Goods Sold at this time, Date October Journal Entry Accounts Debat Credit 4 Now we can update Cost of Goods Sold for the return Am F Choose from a list or enter any number in the input fields and then continue to the next question 13 Type here to search O RE E FY Land are not required LIS, which uses the perpetual inventory system. Hudson's gross margin is 40 percent to cost of goods sold is 50 percent of sala Now, we can update Cost of Goods Sold for the return Journal Entry Date Accounts Debit Credit October Finally, Journalize the receipt of cash from London Jewellers Choose from any list or enter any number in the input Delds and then continue to the next question Type here to search w 2 WE URO. on Udober 4 On October 14, London and Hade 1. Journalize all necessary transactions for London Jewellers, which uses the perpetual inventory system Explanations are not required 2. Journalize the transactions of Hudson Gems Lid which uses the perpetual inventory system Hudson's gross margin is 40 percent, so cost of goods sold is 50 percen CE Finally, journalize the receipt of cash from London Jewellers Journal Entry Date Accounts Debit Credit October Choose from any list or enter any number in the input fields and then continue to the next question O BI Type here to search 0 0
