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  1. ... Notes receivable $15 000 Cr Cash $15 000 Dec.11 Sold goods to Armle inc. receiving a $6,750, 90-day, 8% note Dr ...

    1 Answers · Business & Finance · 28/05/2013

  2. ... balance before adjustments $297,000 1. Alou sold goods costing $38,000 to Comerico Company, FOB ...

    2 Answers · Business & Finance · 25/04/2013

  3. 1. You spend cash to acquire inventories. When you sell goods on credit, you defer receipt of your cash. When you sell goods...

    1 Answers · Business & Finance · 23/04/2013

  4. ...the 220 @ 12 purchase, so they sold 50 of these. So the cost of these sold goods is 100 * 13 + 50 * 12 = 1900 Total cost of goods sold...

    1 Answers · Business & Finance · 08/04/2013

  5. It looks like the 15% is a trade discount. As such, it would not appear in recording the transaction. Record Sales Dr Accounts Receivable 6,247.50 Cr Sales 6,247.50 Receipt of payment Dr...

    1 Answers · Business & Finance · 19/03/2013

  6. ... P581,800 Cr Cash P581,800 March 22 Sold goods for cash to various customers, P400,000. Dr Cash...

    2 Answers · Business & Finance · 11/03/2013

  7. Nov 1 Debit Notes Receivable 61,800 Credit Cash 61,800 Dec 11 Debit Notes Receivable 4,000 Credit Sales 4,000 Dec 16 Debit Notes Receivable 14...

    1 Answers · Business & Finance · 06/03/2013

  8. 1) Madsen sold goods costing $56,680 to Allen Company... $31,800 to inventory. 4) Madsen sold goods costing $51,560 to Finet of ...

    2 Answers · Business & Finance · 04/03/2013

  9. ...doesn't show up on your filings. If your business sold goods or services to Canadians you are responsible for charging...

    1 Answers · Business & Finance · 28/02/2013

  10. July 5. sold goods for 40,000 cash. the goods had cost 12,000 Dr Cash...

    1 Answers · Business & Finance · 28/02/2013

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