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Please solve complete in 30 minute i will upvote you Good Coffee Co. chose to purchase the $16,000 roaster on account from this particular supplier
Please solve complete in 30 minute i will upvote you
Good Coffee Co. chose to purchase the $16,000 roaster on account from this particular supplier because they have flexible payment terms. The supplier agreed to provide a 2% discount if payment was received by November 30 th, 2022 . The roaster cost $5,000 in direct materials, $1,500 in direct labor and $15 in individual product inspection fees. To date, the supplier has spent $30,000 on a marketing campaign for the company as a whole. To date, 300 roasters and other kitchen gadgets have been sold. Good Coffee Co. paid on October 15 th, 2022. The questions below relate to the supplier's accounting records. PART 2A What is the journal entry recorded by the supplier on March 1st, 2022 to recognize the sale? PART 2B What is the journal entry recorded by the supplier on March 1st, 2022 to recognize the change in inventory? On October 15 th, 2022 , the journal entry recorded by the supplier will include The supplier agreed to provide a 2% discount if payment was received by November 30 th, 2022 . The roast direct materials, $1,500 in direct labor and $15 in individual product inspection fees. To date, the supplier a marketing campaign for the company as a whole. To date, 300 roasters and other kitchen gadgets have Good Coffee Co. paid on October 15 th, 2022. The questions below relate to the supplier's accounting ree PART 2A What is the journal entry recorded by the supplier on March 1st, 2022 to recognize the sale? What is the journal entry recorded by the supplier on March 1st, 2022 to recognize the change in inv PART 2C On October 15 th, 2022 , the journal entry recorded by the supplier will include is the journal entry recorded by the supplier on March 1st, 2022 to recognize the sale? the journal entry recorded by the supplier on March 1 st, 2022 to recognize the change in in On October 15 th, 2022, the journal entry recorded by the supplier will include What is the journal entry recorded by the supplier on March 1 st, 2022 to recognize the On October 15th, 2022, the journal entry recorded by the supplier will include nal entry recorded by the supplier on March 1st, 2022 to recognize the change in inve th, 2022, the journal entry recorded by the supplier will include nal entry recorded by the supplier on March 1st, 2022 to recognize the change in inve th, 2022, the journal entry recorded by the supplier will include What is the journal entry recorded by the supplier on March 1 st, 2022 to recog supplier on March 1st, 2022 to recognize the change in inventory? y recorded by the supplier will includeStep by Step Solution
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