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Question 4 a. a. Lala Land Corp. is a company that sells various types of ink. The following is a list of suppliers of Lala
Question 4 a. a. Lala Land Corp. is a company that sells various types of ink. The following is a list of suppliers of Lala Land Corp: Suppliers shipping cost Credit Term Method Kedai Corp 5% 2/15, n/60 FOB Destination Point Rum Corp 4% 3/10, n/30 FOB Shipping The credit policy applies if Lala Land Corp buys on credit. The following are transactions made by Lala Land Corp during August 2016 1 Ags Buy 1 gross ink A from Kedai Corp at a price of IDR 50,000/pcs with cash 3 Ags 7 Ags Rum Corp bought 2 dozen X inks for IDR 85,000/pes with credit Returned 3 units of Xink to Rum Corp for leaking Paying debts to Rum Corp 13 Ags 15 Ags Sold 2 dozen A inks to Pom Corp at a price of IDR 60,000/pes in cash with shipping costs borne by Lala Land Corp at 3% of total sales. 20 Ags Selling on credit 8 pieces of Xink for IDR 100,000/pes to PT Pow. term 2/10, n/30 Received a return of 2 X ink from PT Pow 26 Ags 30 Ags PT Pow pays off all its debts Journalize Barampoh Corp using the Perpetual
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