Question
You are the controller at Star Wars, Inc. you must Create Journal Entries for the following transactions: 1. On December 1, Star Wars, Inc. paid
You are the controller at Star Wars, Inc. you must Create Journal Entries for the following transactions:
1. On December 1, Star Wars, Inc. paid off a blance of 45,800 owed to Ewok Inc. No discount applies
2. On December 2, Star Wars, Inc. Received a check in the amount of $23,569 from Jango Fett Inc. In full payment of an invoice dated November 27 in the amount of $24,050..
3. On December 3, Star Wars, Inc. Sold 200 units to Vader enterprises on account for $805 each.
4.On December 6, Star Wars, Inc. purchaed 500 units from Calrisian's Components on accout for $360 each, terms net/45.
5. On December 7, Star Wars, Inc. received a check in the amount of $45,000 from R2D2 Computers in partial payment of the balance they owe (no discounts apply) form a Nov. 15 sale of $95,900
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started