Business, 02.08.2021 20:50 taylorrsmithh
The adjusted trial balance of Bramble Corp. shows these data pertaining to sales at the end of its fiscal year, October 31, 2022:
Sales Revenue $908,400
Freight-Out $12,800
Sales Returns and Allowances $20,600
Sales Discounts $15,100
Required:
a. Prepare the revenues section of the income statement.
b. Prepare separate closing entries for (1) sales and (2) the contra accounts to sales.
Answers: 3
Business, 22.06.2019 03:30, levicorey846
Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000. ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account. iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620. iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account. v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books. required: 1. prepare the journal entries to correct the errors. (narrations required) 14.5 marks 2. prepare the suspense account showing clearly the original trial balance error. 8 marks
Answers: 2
Business, 22.06.2019 10:20, itscheesycheedar
The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.
Answers: 3
Business, 22.06.2019 11:10, nataliahenderso
Which feature is a characteristic of a corporation?
Answers: 1
The adjusted trial balance of Bramble Corp. shows these data pertaining to sales at the end of its f...
Chemistry, 30.01.2020 02:48
History, 30.01.2020 02:48
Geography, 30.01.2020 02:48