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PLEASE HELP ME ANSWER THESE MERCHANDISING TRANSAC Take me to the text On April 4, 2019, Food Wholesalers purchased $2,520 worth of dried fruit inventory

PLEASE HELP ME ANSWER THESE MERCHANDISING TRANSAC

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Take me to the text On April 4, 2019, Food Wholesalers purchased $2,520 worth of dried fruit inventory plus $240 for freight charges on account. On April 15, Food Wholesalers sold all of the dried fruit inventory to Sorbets Grocers for $4,690 on account. As the bookkeeper for Food Wholesalers, journalize the transactions using the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. For the sale of inventory transactions, enter the revenue transaction first. Required Prepare the journal entries for Food Wholesalers on April 4 and 15 respectively. Record the sales transaction before the cost transaction. Date Account Title and Explanation Debit Credit 2019 Apr 4 + Purchased inventory on account Apr 15 + Made sales on account Apr 15 Record the cost of goods soldTake me to the text Annie's Edibles operates as a sandwich and wrap shop. Its customers can pay by cash, debit or credit card. For each debit transaction, Annie pays $0.30. For credit cards, Annie pays 5% of the total credit card transactions. On February 16, 2019, Annie compiled the following summary for the work day. Transaction Type Total Number of Transactions Cash $414 51 Debit Card $321 42 Credit Card $0 0 Required Do not enter dollar signs or commas in the input boxes. a) Calculate the total debit/credit card expense for February 16. Total Debit/Credit Card Expense = $ b) Record the journal entry for the day's sales ignoring Cost of Goods Sold. For transactions with more than one debit, enter the debit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Feb 16 To record day's salesTake me to the text Mraz's Place operates as a restaurant. Its customers can pay by cash, debit or credit card. For each debit transaction, Jason pays $0.15. For credit cards, Jason pays 5% of the total credit card transactions. On August 6, 2019, Jason compiled the following summary for the work day. Transaction Type Total Number of Transactions Cash $2265 45 Debit Card $0 0 Credit Card $3600 83 Required Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the total debit/credit card expense for August 6. Total Debit/Credit Card Expense = $ b) Record the journal entry for the day's sales ignoring cost of goods sold. For transactions with more than one debit, enter the debit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Aug 6 To record salesQuestion 10 Take me to the text Not checked JP and Michelle run a dry cleaners together, called Newtex Dry Cleaners. Their customers can pay by cash, debit or credit card. For each debit transaction, they pay $0.35. For credit cards, they pay 3.0% of the total Marked out of 7.00 of credit card transactions. On July 18, 2019, Michelle compiled the following summary for the work day. Flag Transaction Type Total Number of Transactions question Cash $740 33 Debit Card $4330 125 Credit Card $2600 67 Required Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the total debit/credit card expense for July 18. Total Debit/Credit Card Expense = $ b) Record the journal entry for the day's sales ignoring cost of goods sold. For transactions with more than one debit, enter the debit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Jul 18 + To record day's salesQuestion 6 Take me to the text Not checked The following is written on an invoice relating to goods that were purchased: 2/15, n/60. What does it mean? Marked out of 3.00 Do not enter dollar signs or commas in the input boxes. Flag question It means a % discount would apply if paid within days. The net amount owing is due in days

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