15.2A J. Glen has the following purchases for the month of June 2012:
2012
June 2 From F. Day...
15.2A J. Glen has the following purchases for the month of June 2012:
2012
June 2 From F. Day: 2 sets golf clubs at £800 each, 5 footballs at £40 each. Less 25 per cent
trade discount.
11 From G. Smith: 6 cricket bats at £60 each, 6 ice skates at £35 each, 4 rugby balls at £30
each. Less 20 per cent trade discount.
18 From F. Hope: 6 sets golf trophies at £90 each, 4 sets golf clubs at £900. Less 33% per
cent trade discount.
25 From L. Todd: 5 cricket bats at £52 each. Less 25 per cent trade discount.
30 From M. Moore: 8 goal posts at £80 each. Less 40 per cent trade discount.
Required:
(a) Enter up the purchases day book for the month.
(b) Post the items to the suppliers' accounts.
(c) Transfer the total to the purchases account.
Answers: 1
Another question on Business
Business, 22.06.2019 12:30
In the 1970s, kmart used blue light specials to encourage customers to flock to a particular department having a temporary sale. a spinning blue light activated for approximately 30 seconds, and then an in-store announcement informed shoppers of the special savings in the specific department. over time, loyal kmart shoppers learned to flock to the department with the spinning blue light before any announcement of special savings occurred. if kmart was employing classical conditioning techniques, what role did the spinning blue light play?
Answers: 3
Business, 22.06.2019 17:00
Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is:
Answers: 2
Business, 22.06.2019 23:10
Asemiprofessional baseball team near your town plays two home games each month at the local baseball park. they split the concessions 50/50 with the city, but keep revenue from ticket sales for themselves. the city charges the team $100 each month for the three-month season. the team pays the players and manager a total of $1,000 a month. the team charges $10 for each ticket, and the average customer spends $7 at the concession stand. attendance averages 30 people at each home game.in order to break even, how many tickets does the team need to sell for each game? a. 33b. 37c. 41e. 49f. 244
Answers: 1
Business, 23.06.2019 00:40
On june 3, teal company sold to chester company merchandise having a sale price of $2,600 with terms of 2/10, n/60, f.o.b. shipping point. an invoice totaling $91, terms n/30, was received by chester on june 8 from john booth transport service for the freight cost. on june 12, the company received a check for the balance due from chester company. prepare journal entries on the teal company books to record all the events noted above under each of the following bases. (1) sales and receivables are entered at gross selling price. (2) sales and receivables are entered at net of cash discounts.
Answers: 3
You know the right answer?
Questions
Mathematics, 18.11.2020 20:10
Mathematics, 18.11.2020 20:10
History, 18.11.2020 20:10
English, 18.11.2020 20:10
Biology, 18.11.2020 20:10
English, 18.11.2020 20:10
Mathematics, 18.11.2020 20:10
Chemistry, 18.11.2020 20:10
