Business, 13.06.2021 16:00 thelonewolf5020

6 In the end, Mei-ling decides to use the perpetual inventory system. The following
transactions happen during the month of January.
Jan. 4 Bought five deluxe mixers on account from Kzinski Supply Co. for
R2,875, FOB shipping point, terms n/30.
Paid R100 freight on the January 4 purchase.
7 Returned one of the mixers to Kzinski because it was damaged during
shipping. Kzinski issues Matcha Creations credit for the cost of mixer plus
R20 for the cost of freight that was paid on January 6 for one mixer.
8 Collected R375 of the accounts receivable from December 2021.
12 Three deluxe mixers are sold on account for R3,450, FOB destination,
terms n/30. (Cost of goods sold is R595 per mixer.)
Paid the R75 of delivery charges for the three mixers that were sold on
January 12.
Bought four deluxe mixers on account from Kzinski Supply Co. for
R2,300, FOB shipping point, terms n/30.
co
14
14

prepare and post the transactions

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 23:00, liluv5062

The impact fiscal multiplier is a. usually estimated to have an average value of 2. b. usually estimated to have an average value of 0. c. the actual immediate multiplier effect of a fiscal policy action after taking into consideration direct fiscal offsets and other short-term crowding out of private spending. d. the multiplier effect of a fiscal policy action that applies to a long-run period after all influences on equilibrium real gdp have been taken into account.

Answers: 3

continue

Business, 22.06.2019 06:30, nrudd9799

If a team of three workers, each making the u. s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.

Answers: 3

continue

Business, 22.06.2019 07:50, sis212

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

Answers: 1

continue

Business, 22.06.2019 15:00, UratazZ

Because gloria's immediate concern was the perceived gender discrimination, she would be more concerned about than intent, resultsresults, intentstatistics, trendsrace, gendergender, race

Answers: 2

continue

You know the right answer?

6 In the end, Mei-ling decides to use the perpetual inventory system. The following
transactio...