subject
Business, 16.07.2019 17:10 tchou163

The appliance store began operations march 1, 2019. the firm sells its merchandise for cash and on open account. sales are subject to a 6 percent sales tax. during march, the appliance store engaged in the following transactions: date transactions 2019 march 1 sold merchandise on credit to dave allen; issued sales slip 101 for $500 plus sales tax of $30. 4 sold merchandise on credit to castor phan; issued sales slip 102 for $950 plus sales tax of $57. 12 sold merchandise on credit to chris hughes; issued sales slip 103 for $1,050 plus sales tax of $63. 15 recorded cash sales for the period from march 1 to march 15 of $6,500 plus sales tax of $390. 25 sold merchandise on credit to brian cooley; issued sales slip 104 for $900 plus sales tax of $54. 28 received a check from castor phan of $230 to apply toward his account. 31 recorded cash sales for the period from march 16 to march 31 of $3,400 plus sales tax of $204. 31 received payment in full from dave allen for the sale of march 1. required: record the transactions in a general journal. post the entries from the general journal to the appropriate general ledger accounts.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:30
Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.
Answers: 1
question
Business, 22.06.2019 10:00
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
Answers: 1
question
Business, 22.06.2019 19:20
Win goods inc. is a large multinational conglomerate. as a single business unit, the company's stock price is estimated to be $200. however, by adding the actual market stock prices of each of its individual business units, the stock price of the company as one unit would be $300. what is win goods experiencing in this scenario? a. diversification discount b. learning-curveeffects c. experience-curveeffects d. economies of scale
Answers: 1
question
Business, 22.06.2019 21:10
In transportation model analysis, the stepping-stone method is used to: a. obtain an initial feasible solutionb. evaluate empty cells for possible degeneracyc. evaluate empty cells for potential solution improvementsd. identify a dummy origin pointe. balance supply and demand
Answers: 1
You know the right answer?
The appliance store began operations march 1, 2019. the firm sells its merchandise for cash and on o...
Questions
question
Mathematics, 28.02.2020 04:01
question
Mathematics, 28.02.2020 04:01
question
Computers and Technology, 28.02.2020 04:01
Questions on the website: 13722367