Question
Use the accounts found in the opening trial balance AND, as appropriate, the accounts found on the last page of this assignment in making these
Use the accounts found in the opening trial balance AND, as appropriate, the accounts found on the last page of this assignment in making these entrie Big Apple Bikes in New York City is expanding to another location in New York and needs to stock the new location. GBI received a phone order from Big Apple for $232,315 in bicycles and $108,490 in bicycle accessories and safety gear at special discount prices. The cost of the bicycles in this order is $169,586 and the cost of the accessories is $65,094. Big Apple will have a contract trucking company pick up the order when it is ready. The order is sent to GBI?s warehouse for picking and packing which may take a couple days. Payment terms to Big Apple for this order are net 30.
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