![aahneise02](/avatars/18457.jpg)
aahneise02
18.04.2020 •
Business
On August 1, Gilgen Brothers bought goods with a list price of $19,200, terms 2/10, n/30. The firm records purchases at invoice price, using the periodic inventory system. On August 5, Gilgen Brothers returned goods with a list price of $2,400 for credit.
Required:1. If Gilgen Brothers paid the supplier the amount due on August 9, the appropriate entry would be:O Debit to Accounts Payable 18,464 Credit to Cash 18,464O Debit to Accounts Payable 19,200 Credit to Purchase Discounts 384 Cash 18,816O Debit to Accounts Payable 16,800 Credit to Cash 16,800O Debit to Accounts Payable 16,800 Purchases Discounts 336 Credit to Cash 16,464
Solved
Show answers
More tips
- C Computers and Internet 3D Glasses! What is this thing?...
- C Computers and Internet How to insert videos into LiveJournal?...
- C Computers and Internet How Much Does an iPhone Cost in America?...
- F Family and Home How to Choose the Best Diapers for Your Baby?...
- F Family and Home Parquet or laminate, which is better?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
- L Leisure and Entertainment How to Make a Paper Boat in Simple Steps...
- T Travel and tourism Maldives Adventures: What is the Best Season to Visit the Luxurious Beaches?...
- H Health and Medicine Kinesiology: What is it and How Does it Work?...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
Answers on questions: Business
- B Biology Which of the following is an effect of norepinephrine binding to beta 2 adrenergic receptors? vasodilation vasoconstriction an increase in heart rate lipolysis...
- S Social Studies All questions answer...
- P Physics For sediment to be into rock what processes must take place...
- M Mathematics I RAPED MY SISTER HARDER DADDY...
Ответ:
Accounts payable Dr, $16,800
Purchase discount Dr, $336
To Cash $16,464
Explanation:
The Journal entry is shown below:-
Accounts payable Dr, $16,800
Purchase discount Dr, $336
To Cash $16,464
(Being Cash is recorded)
Working Note :-
List price of goods after return = $19,200 - 2400
= $16,800
Discount on balance = 16800 × 0.02
= $336
For recording the cash we simply debited accounts payable, purchase discount and credited the cash
Ответ:
D. to provide information about trachoma and to explain how it was diagnosed among immigrants.
Explanation:
This is the excerpt from Russell Freedman's book "The Immigrant Kids" which tells the story of the life of the kids who immigrated to America in early 20th century.
This particular excerpt tells about the routine check-up they needed to pass before entering the country.
It explains the screening for trachoma, an infectious disease that affects eyelids, causing even blindness. Trachoma is caused by a bacteria and is contagious, so this screening's purpose was to prevent infected kids to spread the bacteria through the country.
The excerpt provides brief information regarding the trachoma and explains the process of diagnosing it among the immigrants.