Complete the accounting entries and note how the amount was calculated based on the assumption listed...
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Complete the accounting entries and note how the amount was calculated based on the assumption listed below. a Rocky Mountain Bikes has ordered 250 road helmets (RHMT 1000) from GBI. b. The San Diego plant has 50 road helmets valued at a moving average price of $25.13 each c. The Miami plant has 400 road heimets valued at a moving average price of $25.25, d. GBi has decided to move 100 road helmets from Miami to San Diego and to purchase 300 helmets from Spy Gear at $25.54 each. e. GBI sells road helmets for $50 each. Label each entry with the appropriate process step number 1. Goods receipt for PO 2. Vendor invoice 3. Vendor payment 4. GI for delivery S. Customer invoice 6. Customer payment The entries for step 1 have already been completed for you in the green cells GENERAL LEDGER Account Inventory - 1G Account GRIR Account 7,662.00 7,662.00 Account Arcount Account 12 Account Account Account 16 SUBLEDGERS 18 Account Account Account 20 AMOUNT CALCULATIONS 1From Spy Gear: 300 units 25.54- $7662 Complete the accounting entries and note how the amount was calculated based on the assumption listed below. a Rocky Mountain Bikes has ordered 250 road helmets (RHMT 1000) from GBI. b. The San Diego plant has 50 road helmets valued at a moving average price of $25.13 each c. The Miami plant has 400 road heimets valued at a moving average price of $25.25, d. GBi has decided to move 100 road helmets from Miami to San Diego and to purchase 300 helmets from Spy Gear at $25.54 each. e. GBI sells road helmets for $50 each. Label each entry with the appropriate process step number 1. Goods receipt for PO 2. Vendor invoice 3. Vendor payment 4. GI for delivery S. Customer invoice 6. Customer payment The entries for step 1 have already been completed for you in the green cells GENERAL LEDGER Account Inventory - 1G Account GRIR Account 7,662.00 7,662.00 Account Arcount Account 12 Account Account Account 16 SUBLEDGERS 18 Account Account Account 20 AMOUNT CALCULATIONS 1From Spy Gear: 300 units 25.54- $7662
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Posted Date:
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Margin of error = 18.2 cm, standard deviation = 95.2 cm
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Margin of error = 0.5 g, standard deviation = 8.7 g
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Margin of error = 3.5 ml, standard deviation = 155.2 ml
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