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please answer quickly i will thumbs up right after. thank you On July 1, Dell sold 100 computers to the Best Buy for $500 each
please answer quickly i will thumbs up right after. thank you
On July 1, Dell sold 100 computers to the Best Buy for $500 each on account with terms of 3/15. n30. On July 11, Best Buy paid the amount they owed to Delland took the discount. What journal entry (debit and credit) should Dell record on July 11? (Select all answers that apply) Debit Cash $48.500 Debit Cash 550.000 Credit Sales Revenue $48,500 Credit Sales Revenue $50,000 Debit Accounts Rectivable 54,500 Credit Sales Discounts 51.500 Debit Accounts Receivable 550.000 Credit Accounts Receivable 550.000 Debit Sales Discounts 51.500 Credit Accounts Receivable S500 Firestone Auto Repair had the following new inventory costs for the month of September: New inventory purchases $9,000 Freight costs incurred 5582 Purchase discounts taken $300 If the beginning balance in Firestone Auto Repair's inventory account was a $1.000 debit, what is the new balance in the inventory account after considering the new purchases? Fill in the blank with your calculated number. DO NOT include commas, S signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24.123, you would only input: 24123 Step by Step Solution
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