Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On October 2, A company purchase 8 computers for business operating on account with credit term of 2/10,n/30 at a cost of $9,800. Two computers

image text in transcribed
On October 2, A company purchase 8 computers for business operating on account with credit term of 2/10,n/30 at a cost of $9,800. Two computers are return on October 8 for $2450 and payment is made on October 10. Please prepare the Journal. The example / PPT slide as reference on this assignment Date Accounts and Explanation Debit Credit

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

Step: 3

blur-text-image

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

Effective Writing A For Accountants

Authors: Claire B. May, Gordon S. May

11th Edition

0134667387, 9780134667386

More Books

Students also viewed these Accounting questions

Question

Identify and briefly describe four basic SBA credit programs.

Answered: 1 week ago

Question

Always show respect for the other person or persons.

Answered: 1 week ago

Question

Self-awareness is linked to the businesss results.

Answered: 1 week ago

Question

1. Too reflect on self-management

Answered: 1 week ago