X Chapter 6 Homework Chapter 5 - ACC 201:0002-Prix > NWP Assessment Player UI AP X profit margin formula - Goo education.wiley.com/was/ul/v2/assessment-player/index.html?launchid03daBefd-2a53-4871-8a97-9feb6875041c#/question/5 New folder Gmall News > Question 6 of 6 1.58/5 Sunland Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, 1/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $2.250 (including freight) from Catlin Publishers, terms 2/10, 1/30. 3 Sold books on account to Garfunkel Bookstore for $1.500. The cost of the merchandise sold was $750. Received $50 credit for books returned to Catlin Publishers 9 Paid Catlin Publishers in full 15 Received payment in full from Garfunkel Bookstore 17 Sold books on account to Bell Tower for $1.400 terms of 2/10, 1/30. The cost of the merchandise sold was $900. 20 Purchase books on account for $700 from Priceless Book Publishers, terms 1/15./30. 24 Received payment in full, less discount from Bell Tower 26 Paid Priceless Book Publishers in full 28 Sold books on account to General Bookstore for $2,850. The cost of the merchandise sold was $750. 30 Granted General Bookstore $150 credit for books returned costing $45. Journalize the transactions for the month of June for Sunland Warehouse, using a perpetual inventory system. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered Do not indent manually. Record journal entries in the order presented in the problem Date Account Titles and Explanation Debit Credit June 1 Inventory Accounts Payable June 3 Accounts Receivable Sales Revenue (To record sale of books on account) June 3 MacBook Pro e D G Search or type URL $ A 3 4 % 5 & 7 00 * C 9 6 8 0 Chapter 5 - ACC 201:0002-Prix Chapter 5 Homework > NWP Assessment Player UIAP X profit margin formula - Go cation.wiley.com/was/ui/v2/assessment-player/index.html?launchid=03da8efd-2a53-4871-8a97-9feb6875041c#/question/5 New folder Gmail News Question 6 of 6 1.58/5 (To record cost of books sold) June 6 v June 9 June 15 June 17 (To record sale of books on account) June 17 (To record cost of merchandise sold) June 20 June 24 June 26 MacBook Pro D G Search or type URL & $ 4 % 5 3 6 7 8 9 0 Chapter 5 - ACC 201-0002-Prix Chapter 5 Homework NWP Assessment Player Ul Ap x profit margin formule-Com L.education.wiley.com/was/l/V2/assessment-player/index.html?launchid=03da8efd-2a53-4871-197-9fb6675041ct/question/5 New folder Gmail News Question 6 of 6 NWP Assessment Player UI AP X profit margin formula - Goo education.wiley.com/was/ul/v2/assessment-player/index.html?launchid03daBefd-2a53-4871-8a97-9feb6875041c#/question/5 New folder Gmall News > Question 6 of 6 1.58/5 Sunland Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, 1/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $2.250 (including freight) from Catlin Publishers, terms 2/10, 1/30. 3 Sold books on account to Garfunkel Bookstore for $1.500. The cost of the merchandise sold was $750. Received $50 credit for books returned to Catlin Publishers 9 Paid Catlin Publishers in full 15 Received payment in full from Garfunkel Bookstore 17 Sold books on account to Bell Tower for $1.400 terms of 2/10, 1/30. The cost of the merchandise sold was $900. 20 Purchase books on account for $700 from Priceless Book Publishers, terms 1/15./30. 24 Received payment in full, less discount from Bell Tower 26 Paid Priceless Book Publishers in full 28 Sold books on account to General Bookstore for $2,850. The cost of the merchandise sold was $750. 30 Granted General Bookstore $150 credit for books returned costing $45. Journalize the transactions for the month of June for Sunland Warehouse, using a perpetual inventory system. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered Do not indent manually. Record journal entries in the order presented in the problem Date Account Titles and Explanation Debit Credit June 1 Inventory Accounts Payable June 3 Accounts Receivable Sales Revenue (To record sale of books on account) June 3 MacBook Pro e D G Search or type URL $ A 3 4 % 5 & 7 00 * C 9 6 8 0 Chapter 5 - ACC 201:0002-Prix Chapter 5 Homework > NWP Assessment Player UIAP X profit margin formula - Go cation.wiley.com/was/ui/v2/assessment-player/index.html?launchid=03da8efd-2a53-4871-8a97-9feb6875041c#/question/5 New folder Gmail News Question 6 of 6 1.58/5 (To record cost of books sold) June 6 v June 9 June 15 June 17 (To record sale of books on account) June 17 (To record cost of merchandise sold) June 20 June 24 June 26 MacBook Pro D G Search or type URL & $ 4 % 5 3 6 7 8 9 0 Chapter 5 - ACC 201-0002-Prix Chapter 5 Homework NWP Assessment Player Ul Ap x profit margin formule-Com L.education.wiley.com/was/l/V2/assessment-player/index.html?launchid=03da8efd-2a53-4871-197-9fb6675041ct/question/5 New folder Gmail News Question 6 of 6
