Business, 20.06.2020 21:57 Anikarenee

On September 1, Blue Spruce Office Supply had an inventory of 30 calculators at a cost of $18 each. The company uses a perpetual inventory system. During September, the following transactions occurred. Sept. 6 Purchased with cash 100 calculators at $21 each from Oriole Company.
Sept. 9 Paid freight of $100 on calculators purchased from Oriole Company.
Sept. 10 Returned 3 calculators to Oriole Company for $66 cash (including freight) because they did not meet specifications.
Sept. 12 Sold 28 calculators costing $22 (including freight) for $33 each on account to Lee Book Store, terms n/30.
Sept. 14 Granted credit of $33 to Lee Book Store for the return of one calculator that was not ordered.
Sept. 20 Sold 34 calculators costing $22 for $36 each on account to Orr's Card Shop, terms n/30.
Instructions:
Journalize the September transactions.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 13:30

Boteck is a full-service technology company. it provides equipment, installation services, and training services. customers can purchase any product or service separately or as a bundled package. on may 3, box-rite corporation purchased computer equipment, installation, and training for a total cost of $120,000. estimated stand-alone fair values of the equipment, installation, and training are $75,000, $50,000, and $25,000 respectively. the journal entry to record the sale and installation on may 3 will include select one:

Answers: 1

Answer

Business, 21.06.2019 18:30

What’s the best type of healthcare plan

Answers: 1

Answer

Business, 21.06.2019 21:20

Trinity coatings company uses the indirect method to prepare its statement of cash flows. refer to the following information for 2018: the beginning balance in the cash account was $ 3 comma 000. net cash provided by operating activities: $ 42 comma 000 net cash used for investing activities: $(26 comma 500) net cash provided by financing activities: $ 1 comma 700 the statement of cash flows will show

Answers: 2

Answer

Business, 22.06.2019 07:30

Select the correct answer. sarah works in a coffee house where she is responsible for keying in customer orders. a customer orders snacks and coffee, but later, cancels th snacks, saying she wants only coffee. at the end of the day, sarah finds that there is a mismatch in the snack items ordered. which term suggest data has been violated? a. security b. integrity c. adding d. reliability e. reporting

Answers: 3

Answer

You know the right answer?

On September 1, Blue Spruce Office Supply had an inventory of 30 calculators at a cost of $18 each....

Questions