Purchase order dated October 1 3 for massage chairs costing $ 8 4 5 and oil supplies

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Question:

Purchase order dated October

13

for massage chairs costing $

845

and oil supplies costing $

320 .

Remittance advice from customer for $

109,

received October

17 .

Receiving report indicating October

22

receipt of October

13

order. Also received supplier invoice totaling $

1, 165 .

NGS check for payment in full of October

13

order.

Receiving report indicating October

22

receipt of October

13

order. Also received supplier invoice totaling $

1, 165 .

Record the transaction.

What is the journal entry?

NGS check for payment in full of October

13

order.

What is the journal entry?

Related Book For answer-question

Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Posted Date: Mar 15, 2024 01:15 PM

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Purchase order dated October 1 3 for massage chairs costing $ 8 4 5 and oil supplies

Question:

Expert Answer:

First lets record the initial purchase of massage chairs and oil supplies on October 13 Journal ... View the full answer

Fundamentals of Financial Accounting

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