On July 8, 2017, Huston Co. issued debit memorandum No. 1 for $400 to Park Co. for
Question:
On July 8, 2017, Huston Co. issued debit memorandum No. 1 for $400 to Park Co. for merchandise returned from invoice No. 709. Your task is to journalize, record, and post this transaction as appropriate. Use the same account numbers as found in the text for Art's Clothing Company. The general journal page is page 1?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
HUSTON CO GENERAL JOURNAL Date 2017 Account Title and Description Post Ref Dr Cr July 8 Account...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
College Accounting A Practical Approach
ISBN: 978-0133133233
12th Canadian edition
Authors: Jeffrey Slater, Brian Zwicker
Question Posted:
Students also viewed these Cost Accounting questions
-
On June 10, 201X, Even Co. issued debit memorandum no. 1 for $360 to Mango Co. for merchandise returned from invoice no. 312. Your task is to journalize, record, and post this transaction as...
-
On October 10, 201X, Barney Co. issued debit memorandum no. 1 for $420 to Mango Co. for merchandise returned from invoice no. 312. Your task is to journalize, record, and post this transaction as...
-
On October 10, 201X, Carrol Co. issued debit memorandum no. 1 for $440 to Roger Co. for merchandise returned from invoice no. 312. Your task is to journalize, record, and post this transaction as...
-
Below are the Statements of Comprehensive Income of A and B Companies for 2020. A's Statement of Comprehensive Income was prepared before it reported its share of B's income. A uses the equity...
-
This exercise explores the effect of the inner function g on a composite function y = f (g(x)). (a) Graph the function y = sin (x)).using the viewing rectangle [0, 400] by [ 1.5, 1.5]. How does this...
-
The shoes on the brake depicted in the figure subtend a 90 arc on the drum of this external pivoted-shoe brake. The actuation force P is applied to the lever. The rotation direction of the drum is...
-
Air enters a 0.5 -ft inside diameter duct with \(p_{1}=20\) psia, \(T_{1}=80^{\circ} \mathrm{F}\), and \(V_{1}=200 \mathrm{ft} / \mathrm{s}\). What frictionless heat addition rate in Btu/s is...
-
Here are some important figures from the budget of Nashville Nougats, Inc., for the second quarter of 2015: The company predicts that 5 percent of its credit sales will never be collected, 35 percent...
-
You, CPA, as the Senior Auditor for the MMC financial statement audit engagement for the year ended March 31, 2020 met with the Audit Partner prior to beginning audit fieldwork. The Audit Partner has...
-
Complete Form 941 for the 4th quarter for TCLH Industries (which is located at 202 Whitmore Avenue, Durham, NC 27701; Employer Identification #44-4444444). Assume that all necessary deposits were...
-
From the following facts, calculate what Adam Dell must pay Black Co. for the purchase of a bedroom set. Sale terms are 2/10, n/30. a. Invoice price before tax, $3,000, dated April 5. b. Returned one...
-
Mary Rose Co. bought merchandise with a list price of $4,000. Mary's company was entitled to a 30% trade discount as well as a 3% cash discount. What was the actual cost of buying this merchandise...
-
Should the total cash flows that are expected to be produced by a new international division be included in the analysis that is performed to make a decision as to whether a multinational firm should...
-
How do managers differ from management accountants in their view of accounting information?
-
Imagine that you want to set up a business as a travel agent booking low-cost holidays with the emphasis on good value. List two activities that you might carry out in each of the stages of planning,...
-
INDUSTRIAL ACCIDENT When an employee is hurt and is absent as a result of an industrial accident, he/ she will not be charged with an absence. The contract provides a bonus for perfect attendance;...
-
What advantages would there be if the Advert HCI subsystem in Fig. 13.11 were designed to have direct access to the Campaign Database layer? Presentation layer Application layer Advert HCI Subsystem...
-
How do architectural divisions of systems help with project management?
-
If inherent risk (IR) is assessed as 0.90 and the detection risk (DR) implicit in an audit plan is 0.10, what audit risk (AR) is implied when the assessed level of control risk is each of 0.10, 0.50,...
-
For all of the following words, if you move the first letter to the end of the word, and then spell the result backwards, you will get the original word: banana dresser grammar potato revive uneven...
-
Before adjustment: Given Accrued Salaries, $200 Required a. Draw a transaction analysis box for this adjustment. b. What will be the balances of these two accounts on the adjusted trial balance?...
-
From the following adjusted trial balance (ATB) titles on a worksheet, identify in which column each account will be listed in the last four columns of the worksheet. (ID) Income statement, Dr....
-
Complete the following table Normal Foud on Which Category Balance Financial Statement(s) Account Accounts Payable Prepaid Rent Office Equipment Amortization Expense B. Reel, Capital B. Reel,...
-
Active Life Ltd has decided to manufacture a new line of running shoes based on a $50,000, two-year feasibility study. The shoes will sell for $85 a pair and has a variable cost of $30 a pair. It is...
-
Arch Airway expects to purchase 5.6 million gallons of jet fuel in three months and decides to use heating oil futures to hedge the fuel price risk. A regression has been performed: The dependent...
-
On March 1 the price of oil is $60 and the July futures price is $59. On June 1 the price of oil is $62 and the July futures price is $63.50. A company entered into a futures contracts on March 1 to...
Study smarter with the SolutionInn App