K Points: 0 of 4 Hayes Jewelers uses a perpetual inventory system and had the following...
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K Points: 0 of 4 Hayes Jewelers uses a perpetual inventory system and had the following purchase transactions. Journalize all necessary transactions. Explanations are not required. (Click the icon to view the transactions.) More info - X Journalize all the nearest w de explanations from journal entries Jun. 20 Jun. 20: Purc Purchased inventory of $5,000 on account from Southbound Diamonds, a jewelry importer. Terms were 3/15, n/45, FOB shipping point. hipping point. Date Jun. 20 Jul. 4 Paid freight charges, $200. Returned $900 of inventory to Southbound. Jun. 20 Jul. 14 Paid Southbound Diamonds, less return. Jul. 16 Jul. 18 Jul. 24 Purchased inventory of $4,000 on account from Sugarman Diamonds, a jewelry importer. Terms were 1/10, n/EON, FOB destination. Received a $500 allowance from Sugarman Diamonds for damaged but usable goods. Paid Sugarman Diamonds, less allowance and discount. emodocs example Get more help - 1,788 Print Done 2 NOV tv 13 S 66 7 A Clear all W K Hayes Jewelers uses a perpetual inventory system and had the following purchase transactions. Journalize all necessary transactions. Explanations are not required. (Click the icon to view the transactions.) Journalize all necessary transactions in the order they are presented in the transaction list. (Record debits first, then credits. Exclude explanations from journal entries. Round all numbers to the nearest whole dollar.) Jun. 20: Purchased inventory of $5,000 on account from Southbound Diamonds, a jewelry importer. Terms were 3/15, n/45, FOB shipping point. Date Jun. 20 Accounts Demodocs example Get more help - 1,788 Debit 2 O NOV 13 tv F2 80 F3 a F4 F5 F6 Credit C DD F7 * Clear all Check answer W ZOOM F10 F11 DII F8 F9 A K Points: 0 of 4 Hayes Jewelers uses a perpetual inventory system and had the following purchase transactions. Journalize all necessary transactions. Explanations are not required. (Click the icon to view the transactions.) More info - X Journalize all the nearest w de explanations from journal entries Jun. 20 Jun. 20: Purc Purchased inventory of $5,000 on account from Southbound Diamonds, a jewelry importer. Terms were 3/15, n/45, FOB shipping point. hipping point. Date Jun. 20 Jul. 4 Paid freight charges, $200. Returned $900 of inventory to Southbound. Jun. 20 Jul. 14 Paid Southbound Diamonds, less return. Jul. 16 Jul. 18 Jul. 24 Purchased inventory of $4,000 on account from Sugarman Diamonds, a jewelry importer. Terms were 1/10, n/EON, FOB destination. Received a $500 allowance from Sugarman Diamonds for damaged but usable goods. Paid Sugarman Diamonds, less allowance and discount. emodocs example Get more help - 1,788 Print Done 2 NOV tv 13 S 66 7 A Clear all W K Hayes Jewelers uses a perpetual inventory system and had the following purchase transactions. Journalize all necessary transactions. Explanations are not required. (Click the icon to view the transactions.) Journalize all necessary transactions in the order they are presented in the transaction list. (Record debits first, then credits. Exclude explanations from journal entries. Round all numbers to the nearest whole dollar.) Jun. 20: Purchased inventory of $5,000 on account from Southbound Diamonds, a jewelry importer. Terms were 3/15, n/45, FOB shipping point. Date Jun. 20 Accounts Demodocs example Get more help - 1,788 Debit 2 O NOV 13 tv F2 80 F3 a F4 F5 F6 Credit C DD F7 * Clear all Check answer W ZOOM F10 F11 DII F8 F9 A
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Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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