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kaleighlong959
09.10.2019 •
Business
The following were selected from among the transactions completed by essex company during july of the current year: july 3 purchased merchandise on account from hamling co., list price $72,000, trade discount 15%, terms fob shipping point, 2/10, n/30, with prepaid freight of $1,450 added to the invoice.5 purchased merchandise on account from kester co., $33,450, terms fob destination, 2/10, n/30.6 sold merchandise on account to parsley co., $36,000, terms n/15. the cost of the merchandise sold was $25,000.7 returned $6,850 of merchandise purchased on july 5 from kester co.13 paid hamling co. on account for purchase of july 3.15 paid kester co. on account for purchase of july 5, less return of july 7.21 received cash on account from sale of july 6 to parsley co.21 sold merchandise on mastercard, $108,000. the cost of the merchandise sold was $64,800.22 sold merchandise on account to tabor co., $16,650, terms 2/10, n/30. the cost of the merchandise sold was $10,000.23 sold merchandise for cash, $91,200. the cost of the merchandise sold was $55,000.28 paid parsley co. a cash refund of $7,150 for returned merchandise from sale of july 6. the cost of the returned merchandise was $4,250.31 paid mastercard service fee of $1,650.journalize the transactions. refer to the chart of accounts for exact wording of account titles.nonexchart of accountschart of accountsessex companygeneral ledgerassets110 cash121 accounts receivable-parsley co.122 accounts receivable-tabor co.125 notes receivable130 merchandise inventory131 estimated returns inventory140 office supplies141 store supplies142 prepaid insurance180 land192 store equipment193 accumulated depreciation-store equipment194 office equipment195 accumulated depreciation-office equipmentliabilities211 accounts payable-hamling co.212 accounts payable-kester co.216 salaries payable218 sales tax payable219 customers refunds payable221 notes payableequity310 owner, capital311 owner, drawing312 income summary revenue410 sales610 interest revenueexpenses510 cost of merchandise sold521 delivery expense522 advertising expense524 depreciation expense-store equipment525 depreciation expense-office equipment526 salaries expense531 rent expense533 insurance expense534 store supplies expense535 office supplies expense536 credit card expense539 miscellaneous expense710 interest the transactions. refer to the chart of accounts for exact wording of account titles.page 10journaldate description post. ref. debit credit12345678910111213141516171819202122232425262728293031323334solutiondate description post. ref. debit credit12345678910111213141516171819202122232425262728293031323334
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Ответ:
well 25% is 1/4 so its 18-18(1/4) which is 13.5 so the second answer
Step-by-step explanation: