Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What steps need to be taken to solve transaction 4 of the systems of understanding 9th edition? tach te ttoni Portiohn or the check and

What steps need to be taken to solve transaction 4 of the systems of understanding 9th edition?
image text in transcribed
tach te ttoni Portiohn or the check and e in the Shippihg Banking hie tab. File the note in the Shipping/Banking file tab. 19 Received customer purchase order No. 37225 (Doc. No. 4) in the mail from University of Southern lowa (USI), approved their credit and shipped the goods. All good ordered were shipped, except only 52 shoulder pad sets were available for shipment. Carrier& number: Allied Trucking: Carrier number 2154 Freight charges FOB shipping point: Billed to buyer (i.e. paid by USI) Route: Truck& driver: Freight rate: Shipment: Express Truck 2961XZ, John Arens S19.00 per 100 lbs. 3 cartons/goal and rim sets @ 40 lbs./carton 5 cartons/backboards 150 lbs/carton 7 cartons/shoulder pad sets @25 lbs./carton 10 cartons/football helmets@16 lbs./carton See flowchart, pages 18 and 19; follow all steps carefully You will use several documents and record an entry in the sales journal and the accounts receivable subsidiary ledger for this transaction. For guidance in preparing the bill of lading, see pp. 35-36 of the Reference tach te ttoni Portiohn or the check and e in the Shippihg Banking hie tab. File the note in the Shipping/Banking file tab. 19 Received customer purchase order No. 37225 (Doc. No. 4) in the mail from University of Southern lowa (USI), approved their credit and shipped the goods. All good ordered were shipped, except only 52 shoulder pad sets were available for shipment. Carrier& number: Allied Trucking: Carrier number 2154 Freight charges FOB shipping point: Billed to buyer (i.e. paid by USI) Route: Truck& driver: Freight rate: Shipment: Express Truck 2961XZ, John Arens S19.00 per 100 lbs. 3 cartons/goal and rim sets @ 40 lbs./carton 5 cartons/backboards 150 lbs/carton 7 cartons/shoulder pad sets @25 lbs./carton 10 cartons/football helmets@16 lbs./carton See flowchart, pages 18 and 19; follow all steps carefully You will use several documents and record an entry in the sales journal and the accounts receivable subsidiary ledger for this transaction. For guidance in preparing the bill of lading, see pp. 35-36 of the Reference

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_2

Step: 3

blur-text-image_3

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

Auditing Advances In Behavioral Research

Authors: Lawrence A. Ponemon, David R.L. Gabhart

1st Edition

0387976191, 978-0387976198

More Books

Students also viewed these Accounting questions