the following selected transactions were completed during August between summit company and beartooth co
Needing the answers for homework chapter 6 cengae with right chart of accounts
Print em and purchase related transactions for seller and buyer wsieg peneetual inventory snstem a selected transactions were completed duting August betwoen Summit Company and Beartooth CHARI OfF ACCOUNTS Summit Company sold merchandise on account to Beartooth Co, 94s,000, terms FOB detination, 2/15, neom. The cost of the merchandse sold was $26.soo. I Geneal Ledger 2 Summit Company paid freight of $1,150 for delivery of merchandise sold to HI VE NIRE Beartooth Co on August 1. 410 Sden 110 Cash 121 Accours Recelvable S Summit Company sold merchandise on account to Beartooth Co., $66,000, terms FOB shipping point, n/eom. The cest of the merchandise sold was $40,000. 9 Beartooth Co. paid freight of $2,300 on August 5 purchase from Summit Company 15 Summit Company sold merchandise on account to Beartooth Co, $58,700, terms 530 Cost of Merchandse FOB shipping point, 1/10, n/30. Summit Company paid freight of $1,675, which was added to the invoice. The cost of the merchandise sold was $35,000 130 Merchandne Invenry 131 Estmated Retun Sold to search Print em and purchase related transactions for seller and buyer wsieg peneetual inventory snstem a selected transactions were completed duting August betwoen Summit Company and Beartooth CHARI OfF ACCOUNTS Summit Company sold merchandise on account to Beartooth Co, 94s,000, terms FOB detination, 2/15, neom. The cost of the merchandse sold was $26.soo. I Geneal Ledger 2 Summit Company paid freight of $1,150 for delivery of merchandise sold to HI VE NIRE Beartooth Co on August 1. 410 Sden 110 Cash 121 Accours Recelvable S Summit Company sold merchandise on account to Beartooth Co., $66,000, terms FOB shipping point, n/eom. The cest of the merchandise sold was $40,000. 9 Beartooth Co. paid freight of $2,300 on August 5 purchase from Summit Company 15 Summit Company sold merchandise on account to Beartooth Co, $58,700, terms 530 Cost of Merchandse FOB shipping point, 1/10, n/30. Summit Company paid freight of $1,675, which was added to the invoice. The cost of the merchandise sold was $35,000 130 Merchandne Invenry 131 Estmated Retun Sold to search