Solution-Prepare jansens entry when the cash is received

Prepare jansens entry when the cash is received

Reference no: EM131119367

1. Jansen Corporation shipped $20,000 of merchandise on consignment to Gooch Company. Jansen paid freight costs of $2,000. Gooch Company paid $500 for local advertising which is reimbursable from Jansen. By year-end, 60% of the merchandise had been sold for $21,500. Gooch notified Jansen, retained a 10% commission, and remitted the cash due to Jansen. Prepare Jansen's entry when the cash is received.

Reference no: EM131119367

Questions Cloud

At least one current-day advertisement : post in the Discussion Area at least one current-day advertisement where the Argument by Authority fallacy is present. Describe the syllogism that makes this a fallacy. Take care to be certain that you post an Argument by Authority fallacy only.

Past eight modules-weeks : For this module/week, you will be asked to write a 250-300-word essay answering the following 2 prompts: 1. How has your view of theology changed over the past eight modules/weeks? (125-150 words)

Explain the probable cause of ls acid-base disorder : L.S. is brought to the emergency department for management of acute mushroom poisoning. Her respirations are slow and shallow, and she is nonresponsive. Categorize and explain the probable cause of L.S.'s acid-base disorder

Which of the common mixed method do you most identify : In your textbook, you learned about several commonly used mixed method designs. Identify two different types of studies where a mixed methods approach would be the most advantageous to the success of a study. Which of the common mixed method do yo..

Prepare jansens entry when the cash is received : Jansen Corporation shipped $20,000 of merchandise on consignment to Gooch Company. Jansen paid freight costs of $2,000. Gooch Company paid $500 for local advertising which is reimbursable from Jansen.

What do you think you need to learn : How is an understanding of computer science concepts essential to a successful career in information systems?;How do you hope to focus your studies? What do you know? What do you think you need to learn?

Observations with sky chart or wheel : Astronomy involves the making and recording of observations of objects and phenomena visible in the night sky. As a course-long project, you are asked to perform night viewing of celestial objects at least once a week for the duration of the works..

Personal classroom management plan : Identify one area that you can improve in and how. Explain the importance of being professional. Your "Professionalism" will be part of your Personal Classroom Management Plan (Benchmark Assignment).

Is it possible to prevent youth from joining a gang : Is it possible to prevent youth from joining a gang? What do you believe is the most effective method to target those "at risk"?

User Account

All Pages

Prepare jansens entry when the cash is received

Reference no: EM131119367

Reference no: EM131119367

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

For each of the deferral adjustments prepare the initial

Based on the cost of the equipment and its lifetime it

Strengthen the fixed asset internal controls at grundoll

Suppose that your learning team is group of international

Compare and contrast the functionality of the logistics

Compute bryce''s bookstore''s cost index

On january 1 2011 charlie corporation acquired all of the

For burns company variable costs are 62 of sales and fixed

Does this experience suggest anything about

Usaco a domestic corporation is the wholly-owned us

On december 1 showcase interiors purchased a shopment of

Use the systems development life cycle

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT