Business, 05.12.2019 23:31 whitakers87
Sue’s jewelry sold 20 necklaces for $25 each to a credit customer. the invoice included a 6% sales tax and payment terms of 2/10, n/30. five necklaces were returned prior to payment. the entry to record the original sale would include a debit to a. accounts receivable for $530. b. accounts receivable for $500. c. sales for $530. d. sales for $500.
Answers: 2
Business, 22.06.2019 02:50
Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash
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Sue’s jewelry sold 20 necklaces for $25 each to a credit customer. the invoice included a 6% sales t...
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