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Laners0219
06.10.2019 •
Business
Sally beauty warehouse uses the perpetual inventory system to account for its merchandise. on nov 2, it sold $700 of merchandise on credit with terms of 2/15,n/30. demonstrate the required journal entry to record the receipt of payment from the customer on nov 13, by selecting all of the correct actions below. 1) debit sales discounts $14 2) debit cash $686 3) credit accounts receivables $700
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Ответ:
1) Debit sales discounts $14
2) Debit cash $686
3) Credit accounts receivables $700
Explanation:
nov-02sold700
terms 2/15 n 30
700
Discount 2%
14
Net payment 686
Db Cash686
Db Sales discount14
Cr Account receivable700
Ответ:
1) Debit sales discounts $14
2) Debit cash $686
3) Credit accounts receivables $700
Explanation:
Sally Beauty Warehouse uses the perpetual inventory system to account for its merchandise. On Nov 2, it sold $700 of merchandise on credit with terms of 2/15,n/30. Demonstrate the required journal entry to record the receipt of payment from the customer on Nov 13, by selecting all of the correct actions below. 1) Debit sales discounts $14 2) Debit cash $686 3) Credit accounts receivables $700
Journal entry is used for documenting business transactions. It bears topics , comments and debit and credit. the correction are stated below
. 1) Debit sales discounts $14
2) Debit cash $686
3) Credit accounts receivables $700
Ответ: