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Own 2. Company factory for $20.000 Payment term 3 Company buys inventory for $100.000 Payment terms 50% 4. Company bomes $50,000 from hark due
Own 2. Company factory for $20.000 Payment term 3 Company buys inventory for $100.000 Payment terms 50% 4. Company bomes $50,000 from hark due a are net 30 days Aset the 5 years @ purchase 50% 30 y 5. Company generales sales of $25.000 with a product cost of $40.000: Csumer payment term 30 Company records waranty expense of $5,000 to establish a waranty resen for plant future claimed to product 7. Company pay suppler for factory apment phased last month 2 above) 8. All customers pay company for sales generated last month e am above) Company pays suppliers for inventory purchased last month em 3 above) 10. Campany generates sales of $15,000 with a product cost of $15,000, Custer payment terms are as 11. Company records amanty expense of $2.000 so establish any reserve for potent 12. Company records att det receivables reserve of $2.000 a related to products th 13 Company records first month of erection expense for factory equipment purchased last month 2 above) on the 14. Company buy inventory for $15,000, Payman 30 days Note AT-account table is provided in Blackboard for you to use to assist you in calculating the answer to this gment. Ar working through the accounts the net t the Balance Sheet accounts tated below must be populatedawered in t Click Save and admit to ane and submit Chak Save All Are all aners Save and Sub
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