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DR: Purchases CR: Accounts payable (B Hind) The business has a liability to B Hinds to pay for the goods/services supplied. The credit shows the liability. http://www.double-entry...
2 Answers · Business & Finance · 26/02/2017
327,180 + 20,840 + 36,130 is the correct balance
1 Answers · Business & Finance · 10/03/2015
1. The $55k is not included 2. Don't include the $95k 3. Include the $15k 4. Include the $51k 5. Don't include the $32k Starting with the ending inventory of $375k, add $15k ($390k), add $51k ($441k), subtract $32k ($409k). I believe that'...
3 Answers · Business & Finance · 15/11/2014
Q 1 - B Q - 2- B Q3 - D
1 Answers · Business & Finance · 28/09/2014
...not a wholesale business. One example of selling wholesale is selling goods to a retail store for resale - like a shoe or clothing manufacturer. "...
3 Answers · Business & Finance · 01/07/2014
Dr Accounts Receivable ... $480 Dr Freight ....... .............. ..... $20 Cr sales ................. .............................. $500 *(Record the cost of freight or delivery to get goods to your customers as freight-out...
1 Answers · Business & Finance · 26/03/2014
This is so simple, why don't you research the difference between FOB shipping and destination instead of asking other people to do your homework? That way maybe you'll have a chance of not failing your next exam.
1 Answers · Business & Finance · 21/03/2014
Starting point for inventory $275,000. 1. Gallup sold goods costing $55,000 to Bazil Company FOB shipping...
2 Answers · Business & Finance · 16/03/2014
1. Sold goods for $40,000 cash. The goods had cost $12,000 (would I...
1 Answers · Business & Finance · 09/03/2014
7. a 8. b 9. a 10. a 11. b. 12. a. 13. b 14. a. 15. a. good luck
1 Answers · Business & Finance · 05/03/2014
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