MEGANMARS6678
06.07.2021 •
Business
Vintage World uses a perpetual inventory system. Journalize the following sales transactions for Vintage World. Explanations are not required. The company estimates sales returns at the end of each month.
Jan. 4 Sold $15,000 of antiques on account, credit terms are n/30. Cost of goods is $7,500.
8 Received a 100 sales return on damaged goods from the customer. Cost of goods damaged is $50.
13 Vintage World received payment from the customer on the amount due from Jan.4, less the return.
20 Sold $5,200 of antiques on account, credit terms are 22/10, n/45, FOB destination. Cost of goods is $2,600.
20 Vintage World paid$90 on freight out.
29 Received payment from the customer on the amount due from Jan20, less the discount.
Solved
Show answers
More tips
- S Style and Beauty What to Do When Hair Starts Falling Out?...
- H Health and Medicine Novomin: What is it and how to use it?...
- P Philosophy Unbelievable stories of encounters with otherworldly forces...
- L Leisure and Entertainment How to Choose the Perfect Gift for Men on February 23rd?...
- H Health and Medicine How to Treat Whooping Cough in Children?...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
Answers on questions: Business
- B Business Hope you like points because here s 100!...
- B Business Lo 1.1what are some activities and tasks a manager might perform when engaging in the controlling function of management responsibilities?...
- B Business Lo 2.2which of the following are prime costs? indirect materials, indirect labor, and direct labor direct labor, indirect materials, and indirect labor direct labor and...
- B Business Lo 1.1how do the subject matter of reports and the verification of reports differ between financial accounting and managerial accounting?...
- B Business Lo 2.3explain how the high-low method is used for cost estimation. what, if any, are the limitations of this approach to cost estimation?...
- B Business Lo 2.2which of the following statements is true regarding average fixed costs? average fixed costs per unit remain fixed regardless of level of activity. average fixed...
- B Business Ea5. lo 1.3taylor speedy has prepared the following list of statements about managerial accounting, financial accounting, and the functions of management. identify each...
- B Business Lo 1.1the managers of an organization are responsible for performing several broad functions. they are planning, controlling, and selling directing, controlling, and evaluating...
- B Business Eb7. lo 1.4indicate whether each of the following statements is true or false. section 302 of sarbanes-oxley requires the ceo and cfo to review all financial reports and...
- B Business Lo 2.2total costs for abc distributing are $250,000 when the activity level is 10,000 units. if variable costs are $5 per unit, what are their fixed costs? $240,000 $200,000...
Ответ:
when a car or any other type of vehicle rotates end over end, a flip occurs and mostly it happens when a vehicle is moving in a forward direction and it is the rear end that rises up and results in flip over.