FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

please help me with the journal entry for this. thanks. . 7/20/19: Sell 1,800 units for $77 each on account with terms 2/10, n/30. (Don't

please help me with the journal entry for this. thanks.image text in transcribed

. 7/20/19: Sell 1,800 units for $77 each on account with terms 2/10, n/30. (Don't forget you need 2 JEs when you sell merchandise!)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Cost Accounting
Principles Of Cost Accounting

Authors: Robert E. Schmiedicke, Charles F. Nagy, Edward J. Vanderback, E.J. Vanderbeck C.F. Nagy

9th Edition

0538812915, 978-0538812917

More Books

Students explore these related Accounting questions

Question

Calculate free cash flow for 2014 for Monarch Textiles, Inc., based on the financial information below. Assume that all current liabilities are non-interest-bearing liabilities and that no fixed...

Answered: 3 weeks ago

Question

2 Create a risk register of this project in the third stage of the risk management process (a risk register with a classification of risks, risk triggers, assumptions, risk owners, and contingency...

Answered: 3 weeks ago

Question

Explain the statement: You may or may not get what you deserve, but you will nearly always get what you expect.

Answered: 3 weeks ago

Question

Owens Company has a decentralized organization with a divisional structure. Two of these divisions are the Appliance Division and the Manufactured Housing Division. Each divisional manager is...

Answered: 3 weeks ago

Question

you are compiling a list of requirements from design sessions , you are separating functional from non functional. track aberage resolution time for customer support ticket. proscess 1 0 0 customer...

Answered: 3 weeks ago

Question

show workings 3. An item is produced in large numbers. The machine is known to produce 5% defectives. A quality control inspector is examining the items by taking them at random. What is the...

Answered: 3 weeks ago

Question

Income Statement for the ear Ended 3 0 Net Saies ( All on Credit ) . 7 4 1 8 COGS. 5 2 7 1 Depreciation. 7 4 5 EBIT 1 4 0 2 Interest. 3 0 5 . Taxes 3 8 4 Net Incorne. 7 1 3 Dividends paid 2 5 0...

Answered: 3 weeks ago

Question

When prioritizing risk, what are the two primary criteria that need to be determined for analyzing the level of risk for a particular event? Using these two criteria, how would you describe the risk...

Answered: 3 weeks ago

Question

Tanya ( born 1 0 - 3 1 - 9 0 ) is single, has no dependents and will not itemize deductions. She cannot be claimed as a dependent by anyone else. Tanya can claim adjustments of $ 8 0 0 for her...

Answered: 3 weeks ago

Question

Bugs NoMore Company manufactures a product effective in controlling beetles. The company uses a standard cost system and a flexible budget. Standard cost of a gallon is as follows: Direct material: 2...

Answered: 3 weeks ago

Question

Your director at the department of Home Affairs has appointed you as the lead project manager for a project to rollout the new card type identification to all South African citizens, replacing the...

Answered: 3 weeks ago

Question

Make a list of five specific financial and nonfinancial rewards you would recommend for Zappos. Next to each, indicate why you chose it.

Answered: 3 weeks ago

Question

What mistakes did they make in adopting and communicating the new salary plan? How might Sandy have approached this major compensation change a little differently?

Answered: 3 weeks ago

Question

Motivation is fine, but what companies need is performance. How does the Zappos approach seem to be doing in terms of improving employee performance?

Answered: 3 weeks ago

Previous Question Next Question