Only need to answer requirment 1
8 Module 4: Critical Thinking Module 4: Critical Think X Critical Thinking TemplateC+ ?A csuglubalschoulogy.com/assignment/1 539851461/info ? ? ion #2: the Four In Costing Methods Scenario 2 a. Micoprints Inc. had the following transactions for the month of Auagust 20x1 Aug. 2 Sold merchandise on account tor $25,000 terms 2/10, n/30, FCD shipping point. The cost of goods old is $18,000 10 Received payment for the sale of August 2 20 A total of $1,000 of the merchandise sold on August 2 was retumed, and a full refund was made because it was the wrong marchandsa. Tha nst of goods sold is$z0. 29 An allowance of $1,300 was granted on the sale frem August 2 because some merchandse was damagod; $1,300 cash was returned to the customer. b. Ashley Company engaped in the folowing transactions in August 201 Purchased merchandise on account at a cost of 5 Paid freight of $200 on the purchase of August 4. 10 Sold ooods for $10,000; tesrms 2/10, n/30. The cost of uoods sold is $9,000 12 Returned to the vendor, $2,400 worth of the merchandise purchased on August 4 14 Paid the amount due on the purchase of August 4. Aug. 4 14,000; terms 2/10, n/30, FOB shipping Point Requirement: 1usng the templste, prepare journal entrics for beth Microprints and Achley transactions azuming Periodic system. Perpetual systemm. 2Your client has aaked for adite on whether to use the pcrpetual or peniodit inventery syatem. Recommend an inventory system givinu reesons why t is best for you dierlL Your response to Part 2 should be at least one pape and must indude the tte and reference pages. In addtion, ruunaper must be formatted ducording tu Uh? CSU-GIobel Guide Lo wlitinu dnd APA Requirements. Review the crading rubric to understand how you will be praded on this assignment Reach out to your inst uctor if you have questions about the assiunment Posted Wied Apr 4, 2018 at 2:10 pm Critical Thinking Templle Option 01 Critical Thinking Template Option 02 EO Type here to search 1:36 PM 59/2010 8 Module 4: Critical Thinking Module 4: Critical Think X Critical Thinking TemplateC+ ?A csuglubalschoulogy.com/assignment/1 539851461/info ? ? ion #2: the Four In Costing Methods Scenario 2 a. Micoprints Inc. had the following transactions for the month of Auagust 20x1 Aug. 2 Sold merchandise on account tor $25,000 terms 2/10, n/30, FCD shipping point. The cost of goods old is $18,000 10 Received payment for the sale of August 2 20 A total of $1,000 of the merchandise sold on August 2 was retumed, and a full refund was made because it was the wrong marchandsa. Tha nst of goods sold is$z0. 29 An allowance of $1,300 was granted on the sale frem August 2 because some merchandse was damagod; $1,300 cash was returned to the customer. b. Ashley Company engaped in the folowing transactions in August 201 Purchased merchandise on account at a cost of 5 Paid freight of $200 on the purchase of August 4. 10 Sold ooods for $10,000; tesrms 2/10, n/30. The cost of uoods sold is $9,000 12 Returned to the vendor, $2,400 worth of the merchandise purchased on August 4 14 Paid the amount due on the purchase of August 4. Aug. 4 14,000; terms 2/10, n/30, FOB shipping Point Requirement: 1usng the templste, prepare journal entrics for beth Microprints and Achley transactions azuming Periodic system. Perpetual systemm. 2Your client has aaked for adite on whether to use the pcrpetual or peniodit inventery syatem. Recommend an inventory system givinu reesons why t is best for you dierlL Your response to Part 2 should be at least one pape and must indude the tte and reference pages. In addtion, ruunaper must be formatted ducording tu Uh? CSU-GIobel Guide Lo wlitinu dnd APA Requirements. Review the crading rubric to understand how you will be praded on this assignment Reach out to your inst uctor if you have questions about the assiunment Posted Wied Apr 4, 2018 at 2:10 pm Critical Thinking Templle Option 01 Critical Thinking Template Option 02 EO Type here to search 1:36 PM 59/2010
