subject
Business, 18.02.2021 21:30 kathrynway2715

Akizuki started a new business called Fall Moon Ultimate. Fall Moon buys and sells premium Ultimate Frisbee clothes and gear. All purchases and sales are made on credit. Fall Moon uses the perpetual inventory system and the 3-way match. Below is a partial list of events for the company. Analyze the three events below and for each state which accounts get debited, which accounts get credited, which special journal are they recorded in and which subsidiary ledgers get updated from the transactions.. October 15, Shipped and billed (Sold) 500 Jerseys to Hanks Sports, Inc. for $7,500. Invoice number 200 was prepared. The discs cost Fall Moon $5,000. October 17, Received $2,000 from Dog Town Discs for goods that were shipped and invoiced the prior month. October 20, Received an invoice for $3,000 from Three Dogs for inventory and performed the 3-way match. The inventory was ordered on September 20 and received on October 20. Account Account Special Subsidiary Debited Credited Journal Ledger 1. 2. 3. In the space below, please answer transactions 1, 2, and 3, stating the accounts debited, accounts credited, which special journal is used, and which subsidiary ledgers are updated. You can copy the headers above.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 15:00, superbatman9193
The media specialist suggests a library reading program that will correlate highly with the teaching program and reward the students as they read. the rewards will be provided by the business community. a pencil carrier will be the reward for having read 25 books, a baseball cap the reward for having read 30 books, a tee shirt for 50 books, and a backpack for having read 100 books. the media specialist's suggestion is based on her knowledge that:
Answers: 1
image
Business, 21.06.2019 15:00, kprincess16r
Pursuant to the video, if the news reporter had challenged the reasonableness of her detention by the coach store, coach could have claimed the which is also known as merchant protection statutes according to the book.
Answers: 2
image
Business, 21.06.2019 19:20, Lindseycline123
The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense
Answers: 2
image
Business, 22.06.2019 02:40, ashlynchristianson
Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.
Answers: 3
You know the right answer?
Akizuki started a new business called Fall Moon Ultimate. Fall Moon buys and sells premium Ultimate...

Questions in other subjects:

Konu
History, 01.05.2021 01:00
Konu
Geography, 01.05.2021 01:00