WebApr 5, 2024 · Paid Arnie Co. in full: 17: Received credit from Woods Sportswear for merchandise returned $196: 20: Made sales on account to members $972, terms n/30 ... The transactions related to the decrease in inventory, aside from sale, is recorded as purchase returns, purchase discount and purchase allowances. Answer and … WebReceived collections in full, less discounts, from customers billed on May 2. Dr: Cash 4312 Dr: Sales Discounts 88 Cr: Accounts Receivable 4400 Students also viewed ACCT 201. …
Answered: At the beginning of the current season… bartleby
WebThe merchandise sold had a cost of $820. 12 Purchased golf shoes, sweaters, and other accessories on accountfrom Woods Sportswear $830, terms 1/10, n/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $30. 20 Made sales on account to members $810, terms n/30. WebAt the beginning of the current season on April 1, the ledger of Bramble Corp. Shop showed Cash $ 2,000, Inventory $ 2,600, and Common Stock $ 4,600. The following transactions … flixbus agen
Ch 5 acct Flashcards Quizlet
WebPaid Arnie Co. in full, less discount. Received credit from Woods Sportswear for merchandise returned $60. Made sales on account to members for $680, terms n/30. The cost of the merchandise sold was $350. Paid Woods Sportswear in full, less discount. Granted an allowance to members for clothing that did not fit $10. WebApr.14 Paid Arnie Co. in full, less discount. Apr.17 Received credit from Woods Sportswear for merchandise returned $70. Apr.20 Made sales on account to members … WebStudy with Quizlet and memorize flashcards containing terms like purchased merch on account from Wholesale Supply for $8,200, terms 1/10, n/30, sold merch on account for $5000 terms 2/10, n/30. the cost of the merch sold was $3,750., received credit from Hauke Wholesale Supply for merch returned $400 and more. great getaways in illinois