Question
Part 1 Journal Entries (12 points) Transaction #1 (1 point) $4,700 of supplies purchased on account with a supplier in an earlier transaction were found
Part 1 Journal Entries (12 points)
Transaction #1 (1 point)
$4,700 of supplies purchased on account with a supplier in an earlier transaction were found to be defective. They were returned. Indicate the RETURN transaction only.
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Transaction #2 (1 point)
Dylex Corporation used credit with a supplier to purchase $3,250 of equipment.
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Transaction #3 (1 point)
Segura Corporation used $200 cash and $600 on supplier credit to purchase $800 of supplies.
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Transaction #4 (1 point)
Laura invests $10,000 into her business, Lauras Desserts
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, George Foster, Srikant M. Datar, Howard D. Teall
4th Canadian Edition
0131971905, 978-0131971905
