Question: What steps do I take to answer these system understanding aid transactions? Yes University, approved their credit and shipped the goods. All goods ordered were
Yes University, approved their credit and shipped the goods. All goods ordered were shipped, except that only 45 shoulder pad sets were available for shipment. ea Cash receipts Carrier & number: Allied Trucking; Carrier number 2154 Freight charges: FOB shipping point; Billed to buyer (i.e., paid by Clayborn) Route: Express Truck & driver Truck 2961XZ, Linda Arensmeier $15.00 per 100 lbs. Freight rate: 3 cartons/goal and rim sets a 26 lbs./carton Shipment 6 cartons/backboards 125 lbs./carton 5 cartons/shoulder pad sets a 40 lbs. /carton 4 cartons/football helmets 24 lbs./carton See flowchart, pages 18 and 19; follow all steps carefully. You will use several documents and record an entry in the sales journal and the accounts receivable subsidiary ledger for this transaction. For guidance in preparing the bill of lading, see pages 35-36 of the Reference book. Yes University, approved their credit and shipped the goods. All goods ordered were shipped, except that only 45 shoulder pad sets were available for shipment. ea Cash receipts Carrier & number: Allied Trucking; Carrier number 2154 Freight charges: FOB shipping point; Billed to buyer (i.e., paid by Clayborn) Route: Express Truck & driver Truck 2961XZ, Linda Arensmeier $15.00 per 100 lbs. Freight rate: 3 cartons/goal and rim sets a 26 lbs./carton Shipment 6 cartons/backboards 125 lbs./carton 5 cartons/shoulder pad sets a 40 lbs. /carton 4 cartons/football helmets 24 lbs./carton See flowchart, pages 18 and 19; follow all steps carefully. You will use several documents and record an entry in the sales journal and the accounts receivable subsidiary ledger for this transaction. For guidance in preparing the bill of lading, see pages 35-36 of the Reference book
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