Record the following transactions at (a) Gross (b) Net: 201X Sept. 3 Bought merchandise on account from
Question:
Record the following transactions at
(a) Gross
(b) Net:
Transcribed Image Text:
201X Sept. 3 Bought merchandise on account from Fisher Co.; terms 9/10, n/30, $8,000. Voucher no. 34 was prepared. 18 Issued check no. 481 in payment of voucher no. 34.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
a Sept 3 Purchases 8000 Vouchers Payable Fi...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
Question Posted:
Students also viewed these Business questions
-
Record the following transactions at (a) Gross (b) Net: 201X Aug. 10 Bought merchandise on account from Glidden Co.; terms 5/10, n/30, $10,000. Voucher no. 29 was prepared. 25 Issued check no. 477 in...
-
Record the following transactions at (a) gross and (b) net: 201X Sept. 3 Bought merchandise on account from Curik Co.; terms 3/10, n/30, $7,500. Voucher no. 32 was prepared. 18 Issued check no. 479...
-
Record the following transactions and events of Able Agency, which occurred during the month of October 20X6: 1. Able Agency received a warrant for its fiscal 20X7 appropriation of $2,500,000. 2. The...
-
Cummings Corp. has three business segmentsthe Plumbing Parts division, Small Tools division, and Design Printing division. Carol Jenkins (Cummings' CFO) and William Samuels (head of Production) would...
-
Roll's critique of tests of the CAPM shows that if the index portfolio is ex post efficient, it is mathematically impossible for abnormal returns, as measured by the empirical market line, to be...
-
To implement portions of the 1990 Clean Air Act, the EPA adopted a distinctly corporatist approachnegotiating the regulatory details with representatives from industry, the states, and big...
-
Plaintiff sought to enforce against the defendant estate a promise made by his now-deceased uncle to pay Plaintiff a sum of money if Plaintiff refrained from the use of alcohol and tobacco for a...
-
The Silver Star Bicycle Company will be manufacturing both mens and womens models for its Easy-Pedal 10-speed bicycles during the next two months. Management wants to develop a production schedule...
-
Your company has decided to adopt a NoSQL database management system for storage and processing of big data. You have been asked to investigate alternative NoSQL technologies. (a) Explain the...
-
1. Is it possible to tell from the pedigree whether inheritance of the PSEN1 gene mutation is dominant or recessive? Explain your answer. 2. Is it possible to tell from the pedigree whether...
-
On August 6, Lane Co. prepared voucher no. 14 to record purchases of equipment on account for $1,300. On August 11, Lane Co. decided to pay the $1,300 in two equal installments (voucher nos. 17 and...
-
Becky Company, which is a medium-sized firm, uses a voucher system. Record each of the following entries in general journal form. Assume that Becky Company records all vouchers at gross. 201X May 3...
-
Jim is the thirteen-year-old son of Harry. Jim takes Harrys car on a joy ride and negligently injures George. Whom can George sue?
-
You just asked an employee at your organization, which currently has no social media presence, to establish a social media strategy for the company. This task is going to be complex but the employee...
-
Consider the FPGA with 7-input LUT designed using two 6-input LUT. Draw the LUT architecture using the same principle of 6-input LUT in the 7-series FPGAS. Answer the following questions: How many...
-
Would an opinion from a U.S. District Court for use in a Nebraska trial court case be mandatory or persuasive authority? A provision of the United States Code for use in a North Carolina trial court...
-
Using a current conflict in the news, please describe it and how interest based bargaining techniques could be used to resolve those particular conflicts. UPDATED: Please describe a current conflict...
-
purchases a new home for $170,000. The value of the home increases by 7% every 3 years. Determine the e of the home after 5 years. er 5 years, the home is worth $ Round your answer to the nearest...
-
1. Explain how e-business (e-commerce) affects international business. 2. What types of companies are involved in international business?
-
Calculate the number of neutrons of 239Pu.
-
From the sales journal below, record in the accounts receivable subsidiary ledger and post to the general ledger accounts as appropriate. SALES JOURNAL P. 1 Accts. Receivable Collected Sales GST...
-
From Exercise 10-2, journalize the receipt of a cheque from Ronald Co. for payment of invoice No. 147 on May 25, 2013, in the cash receipts journal. Use the same headings as for Walter Lantz Co.
-
From the following transactions for Edna Co., when appropriate, journalize, record, post, and prepare a schedule of accounts receivable. Use the same journal headings (all page 1) and chart of...
-
2 Michael Wittry has been investing in his Roth IRA account for 20 years. Two years ago, his account was worth $215,658. After losing 1/3 of its original value, it then gained 1/2 of its new value...
-
identify these sources, asset use, asset exchange, or claims exchange. purchase inventory shipping cost.
-
k esc Canvas $475,000. $345,000 O $455,000. O $345,000. O $400,000. Question 2 O Cash 12,480 On October 1, 2022, a company lends cash and accepts a $12,000 note receivable that offers 8% interest and...
Study smarter with the SolutionInn App