On November 10, 201X, a voucher for $1,060 for merchandise purchased from Gardner Company was prepared by Pike Corporation. On November 14, Pike decided to return merchandise due to poor workmanship. The price of the merchandise returned was $640. Record the entries in general journal form for November 10 and 14.
Answer to relevant QuestionsOn May 15, 201X, Orange Company prepared voucher no. 91 to record the purchase of equipment for $930. On May 18, Orange Company decided to pay $930 in two equal installments. (Voucher nos. 92 and 93 were prepared.) Prepare ...On October 15, 201X, Austin Company prepared a voucher no. 88 to record the purchase of equipment for $860. On October 18, Austin Company decided to pay $860 in two equal installments. (Voucher nos. 89 and 90 were prepared.) ...Sabin Corporation uses a voucher system and records invoices at gross. Record the following transactions in the voucher register and/or check register as appropriate:201XJuly 5 Purchased merchandise for $1,900 from Daisy ...The cost of rent of $10,000 for Leak Company is appropriated to each department based on its sales. Given the following, assign the cost of rent to eachdepartment:Calculate the contribution margin for each department and income before taxes, based on thefollowing:
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