Riggs Distributing Company had the following transactions with Arlington, Inc., during the month of November:
Nov. 10 Ryan sold $8,000 worth of merchandise with a cost of $4,500 to Arlington, with terms of 1/10, n/30
12 Arlington, Inc. paid freight charges on the shipment from Ryan Company $450
14 Ryan received $600 of merchandise returned, cost of $340 from Arlington from the November 10 sale.
19 Ryan received full payment for the net amount due on the November 10 sale.
20 Arlington, Inc. returned goods that had been billed originally at $400 cost of $280 Ryan issued a check for $396
Required:
Prepare the necessary journal entries.
Answers: 2
Another question on Business
Business, 21.06.2019 23:30
Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?
Answers: 2
Business, 22.06.2019 01:20
Cindy recently played in a softball game in which she misplayed a ground ball for an error. later, in the same game, she made a great catch on a very difficult play. according to the self-serving bias, she would attribute her error to and her good catch to her
Answers: 1
Business, 22.06.2019 07:30
Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.
Answers: 1
Business, 22.06.2019 07:40
Myflvs -question 3 multiple choice worth 2 points)(10.04 hc)in panama city in january, high tide was at midnight. the water level at high tide was 9 feet and1 foot at low tide. assuming the next high tide is exactly 12 hours later and that the height of thewater can be modeled by a cosine curve, find an equation for water level in january for panamacity as a function of time (t).of(t) = 4 + 5of(t) = 5 cost + 4o 460) = 5 cos 1+ 4of(0) = 4 cos + 5
Answers: 1
You know the right answer?
Riggs Distributing Company had the following transactions with Arlington, Inc., during the month of...
Questions
History, 06.05.2020 03:57
English, 06.05.2020 03:57
English, 06.05.2020 03:57
Mathematics, 06.05.2020 03:57
Mathematics, 06.05.2020 03:57
Business, 06.05.2020 03:57
Mathematics, 06.05.2020 03:57
History, 06.05.2020 03:57
Mathematics, 06.05.2020 03:57
Mathematics, 06.05.2020 03:57
