Accounting

Essay specific features

 

Issue:

Business

 

Written by:

Mariano B

 

Date added:

August 22, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

12 / 3229

 

Was viewed:

5741 times

 

Rating of current essay:

 
Essay content:

1200 125 To record credit note issued to Nabors Inc for defective merchandise 2 Merchandise Inventory 1230 85 Cost of Goods Sold 5010 85 Returned goods to inventory 2 Cost of Goods Sold 5010 85 Merchandise Inventory 1230 85 To record discarded merchandise 3 Accounts Payable ? Parkay Products 2200 748 Merchandise Inventory 1230 748 To record Credit Memo received 4 Merchandise Inventory 1230 39,125 Store Supplies 1250 611 Office Supplies 1240 105 Accounts Payable ? Thompson Supply Co...
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2200 39,841 Purchased Merchandise on Credit, terms N/10, EOM Backflip Co GENERAL JOURNAL Page 2 Date Account Titles and Explanations PR Debits Credits 2005 May 5 Cash 1060 4,508 Sales Discount 4040 92 Accounts Receivable ? Nabors Inc. 1200 4,600 Payment received within discount period ? 2% disc...
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