Business, 10.03.2020 22:37 csarge2972
On May 1, 2017, Crane Inc. entered into a contract to deliver one of its specialty mowers to Kickapoo Landscaping Co. The contract requires Kickapoo to pay the contract price of $990 in advance on May 15, 2017. Kickapoo pays Crane on May 15, 2017, and Crane delivers the mower (with cost of $648) on May 31, 2017.
(a) Prepare the journal entry on May 1, 2017, for Crane. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)
(b) Prepare the journal entry on May 15, 2017, for Crane. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)
(c) Prepare the journal entry on May 31, 2017, for Crane. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 21:30, cesar566
In its 2016 annual report, caterpillar inc. reported the following (in millions): 2016 2015 sales $38,537 $47,011 cost of goods sold 28,309 33,546 as a percentage of sales, did caterpillar's gross profit increase or decrease during 2016? select one: a. gross profit increased from 26.8% to 28.6% b. gross profit decreased from 28.6% to 26.5% c. gross profit increased from 71.4% to 73.2% d. gross profit decreased from 73.2% to 71.4% e. there is not enough information to answer the question.
Answers: 2
Business, 22.06.2019 06:00, Tayj91
Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.
Answers: 2
Business, 22.06.2019 07:40, carliehanson9908
Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?
Answers: 1
You know the right answer?
On May 1, 2017, Crane Inc. entered into a contract to deliver one of its specialty mowers to Kickapo...
Questions in other subjects:
Mathematics, 18.09.2019 13:30
English, 18.09.2019 13:30
Social Studies, 18.09.2019 13:30
SAT, 18.09.2019 13:30
