Monday
November 24, 2014

Homework Help: accounting

Posted by kmo on Tuesday, March 6, 2012 at 10:17pm.

Write the journal entries to record the following transactions.
A) Purchased $4,900 of merchandise from a supplier on account, terms FOB shipping point, 1/10, n/30, transportation charges of $80 were added to the invoice.
B) Received a credit memorandum for $500 for merchandise returned.
C) Paid the amount owed prior to the end of the discount period

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

FND 154 Fundamentals of Accounting - Harwick Company Exercise 5-2 1. on April 5...
Accounting - I need help on the freight charges of each transaction, I always ...
Accounting - I need help on the freight charges of each transaction, I always ...
HELP WITH ACC - I need help on the freight charges of each transaction, I always...
accounting - John's specialty store uses a perpetual inveentory system. the ...
accounting - Write the journal entries to record the following transactions. A) ...
Accounting urgent - Prepare the journal entries to record the following ...
Accounting - Redmon Company uses a sales journal, a purchases journal, a cash ...
math - Finney & Company purchased $1,800 of merchandise on 5/6. The terms were 2...
math - John's specialty store uses a perpetual inveentory system. the following...

Search
Members