Business, 08.04.2020 01:49 syulerio8418
Bud Company records purchases at invoice price, using the periodic inventory system. On July 5, Bud returned $12,000 of goods purchased on account to the seller. How would Bud record this transfer? ? Accounts Payable OA. Purchases Returns and Allowances 12.000 12,000 12,000 Accounts Payable OB. Purchases B. Purch 12,000 12,000 Accounts Receivable OC. Purchases Returns and Allowances 12,000 Cash 12,000 OD Purchases Returns and Allowances 12,000Accounts Payable A. Purchases Returns and Allowances 12.000 12,000 12,000 B. Purchases B. Purch 12,000 12,000 Accounts Receivable C. Purchases Returns and Allowances 12,000 Cash 12,000 D Purchases Returns and Allowances 12,000
Answers: 2
Business, 22.06.2019 12:30
On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.
Answers: 3
Business, 22.06.2019 15:00
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
Bud Company records purchases at invoice price, using the periodic inventory system. On July 5, Bud...
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