Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem - Bernice Ruel operates Leather Unlimited, a leather shop that sells luggage, handbags, business cases, and other leather goods. During the month of March, the following transactions occurred.
Date
Transaction
Mar. 1
Purchased merchandise on account from Big Bags Inc., $2500.00. Inv 81 dated 3/1, terms 2/10, n/30.
9
Purchased merchandise on account from Little Bags & Belts, LLC, gross amount $672.50 less 20% trade discount. Inv 10567 dated 3/9, terms 1/15, n/30.
Issued check 536 to Big Bags Inc. for Invoice 81 less 2% discount.
18
Received a credit memo from Little Bags & Belts, LLC for defective merchandise, $38.00. CM 10624
19
Purchased merchandise on account from Donna Little Emporium, $800 plus $50 freight. Inv 5543 dated 3/15, terms 2/10, n/30.
22
Issued check 537 to UPS for freight in on merchandise, $250.
23
Issued check 538 to Little Bags & Belts for balance owed less allowable discounts.
28
Issued check 539 to The Leather Shoppe for cash purchase of merchandise, $75.
31
Issued check 540 to Donna Little Emporium, $425. No discount allowed.
Purchased merchandise on account from Big Bags Inc., $2250.00. Inv 95 dated 3/30, terms 2/10, n/30.
Instructions;
1- Enter the above transactions in the general journal.
2- Post the entries from the journal to the general ledger and subsidiary ledgers provided.
3- Prepare a schedule of accounts payable as of March 31, 20--.
Attachment:- Assignment File.rar
on january 1 2013 cool universe issued 10 bonds dated january 1 2013 with a face amount of 20 million. the bonds
Both stocks have the same number of shares that they opened with on Monday. What is the rate of change of this simple index over 1 day
a. On February 15, paid $ 160,000 cash to purchase American General's 90 day short term notes at par, which are dated February 15 and pay 10% interest (classified as held to maturity).
videosoft company maintains a checking account at the intelex bank. at july 31 selected data from the general ledger
he west division of shekarchi corporation had average operating assets of 639000 and net operating income of 103000 in
I want you to write an essay to submit to a conference for Accounting Information Systems. This makes our business look good and we show that we are leaders in value creation. Our objective is to increase profits by either increasing revenues, dec..
(Gains and Losses, Corridor Amortization) Vickie Plato, accounting clerk in the personnel office of Streisand Corp., has begun to compute pension expense.
Determine the amount of expenses Walton will report relataive to the lease for 2011 and the amount of revenue Mullen will report for the same period.
explain the significance of the return on equity ratio. who what category or type of financial statement users would
1. What is the name of your corporation? 2. Where are the corporate headquarters? What is the corporation's fiscal year end? 4. What are the primary products or services of the corporation?
Judging from the experience of Singapore, if Panama is to maintain these high growth rates, what needs to be true about the sources of Panama's growth?
Compute the value of any loss on inventory due to decline in the net realizable value and prepare the corresponding year-end adjusting entry
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd