Question: Quick Jolt Electronics manufactures and sells specialized electronic components to customers across the country. The tables in Figure 7-19 illustrate some of the records in
Quick Jolt Electronics manufactures and sells specialized electronic components to customers across the country. The tables in Figure 7-19 illustrate some of the records in its accounting databases. Thus, for example, the €œSales by Inventory Number€ records show detailed sales data for each of the company€™s inventory items, and the €œCustomer Payments€ records indicate customer cash payments, listed by invoice number. Use the information in these tables to answer the following questions.
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Sales by Inventory Number Price Number Number Quantity Each Sales by Invoice Number Invoice Number Amount Number Date Item Invoice Customer Salesperson Number V-3 V-6 V-5 V-6 V-3 2,000 2,000 1,575 3,000 3,500 1,000 600 V-2 V-3 V-4 V-5 V-6 V-7 7,200 July 1 10,000 C-2 July 12 16,000 C-5 July 22 10,000 C2 July 26 16,600 C-5 July 31 35,000 23,000 S-12 S-10 S-10 S-10 S-10 S-10 1-3 C-3 August 1 August 2 2 V-5 V-3 V-7 V-2 V-4 1-5 4,000 3,000 5,000 5,000 5,000 7,000 1-6 Sales by Salesperson Salesperson Quarterly Commission Number Sales V-7 S-10 S-11 S-12 S-78 0.10 0.08 Customer Payments Customer Data Invoice Remittance Customer Number Customer Name Number Advice Numbe Amount Receivable Sales Amount person V-2 V-2 V-3 V-4 V-5 7,200 1,666 1,666 16,000 10,000 16,600 R-1 Dunn, Inc J. P. Carpenter Mabadera Corp Ghymn and Sons D. Lund, Inc. S-12 R-4 R-2 S-10 S-99 S-10 C-4 FIGURE 7-19 Sample of some of the records in the Quick Jolt accounting database
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