Torez Flower Shop uses a large amount of supplies in its business. The following table summarizes selected

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Torez Flower Shop uses a large amount of supplies in its business. The following table summarizes selected transaction data for supplies that Torez Flower Shop purchased.


Torez Flower Shop uses a large amount of supplies in


Determine the total purchases of supplies for July alone under each of the following assumption:
1. Torez Flower Shop recognizes purchases when orders are shipped.
2. Torez Flowers Shop recognizes purchases when orders arereceived.

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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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