Five years ago, our company purchased land for $53,000. This year, the land is

Sarasota’s Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, n/30 to all of its customers.

UNO [17]

Answer:

01-Jun

Dr Inventory $1,140

Cr Accounts Payable $1,140

03-Jun

Dr Accounts Receivable $1,080

Cr Sales $1,080

03-Jun

Dr Cost of goods sold $650

Cr Inventory $650

06-Jun

Dr Accounts Payable $40

Cr Inventory $40

09-Jun

Dr Accounts Payable $ 1,100

Cr Cash $ 1,078

Cr Inventory $ 22

15-Jun

Dr Cash $1,080

Cr Accounts Receivable $1,080

17-Jun

Dr Accounts Receivable $1,100

Cr Sales $1,100

17-Jun

Dr Cost of goods sold $780

Cr Inventory $780

20-Jun

Dr Inventory $600

Cr Accounts Payable $600

24-Jun

Dr Cash $ 1,078

Dr Sales Discounts $ 22

Cr Accounts Receivable $1,100

26-Jun

Dr Accounts Payable $600

Cr Cash $594

Cr Inventory $ 6

28-Jun

Dr Accounts Receivable $1,300

Cr Sales $1,300

28-Jun

Dr Cost of goods sold $770

Cr Inventory $770

30-Jun

Dr Sales Returns & Allowances $140

Cr Accounts Receivable $140

30-Jun

Dr Inventory $70

Cr Cost of goods sold $70

Explanation:

Preparation of the Journal entries for the month of June for Sarasota Warehouse using a perpetual inventory system.

Journal entries

01-Jun

Dr Inventory $1,140

Cr Accounts Payable $1,140

03-Jun

Dr Accounts Receivable $1,080

Cr Sales $1,080

03-Jun

Dr Cost of goods sold $650

Cr Inventory $650

06-Jun

Dr Accounts Payable $40

Cr Inventory $40

09-Jun

Dr Accounts Payable $ 1,100

($1,140-$40)

Cr Cash $ 1,078

($1,100-$22)

Cr Inventory $ 22

($1,100*2%)

15-Jun

Dr Cash $1,080

Cr Accounts Receivable $1,080

17-Jun

Dr Accounts Receivable $1,100

Cr Sales $1,100

17-Jun

Dr Cost of goods sold $780

Cr Inventory $780

20-Jun

Dr Inventory $600

Cr Accounts Payable $600

24-Jun

Dr Cash $ 1,078

($1,100-$22)

Dr Sales Discounts $ 22 ($1,100*2%)

Cr Accounts Receivable $1,100

26-Jun

Dr Accounts Payable $600

Cr Cash $594

($600-$6)

Cr Inventory $ 6

($600*1%)

28-Jun

Dr Accounts Receivable $1,300

Cr Sales $1,300

28-Jun

Dr Cost of goods sold $770

Cr Inventory $770

30-Jun

Dr Sales Returns & Allowances $140

Cr Accounts Receivable $140

30-Jun

Dr Inventory $70

Cr Cost of goods sold $70

6 0

2 years ago

Last year the price of corn was $3 a bushel and the quantity of corn demanded was 10 million bushels. this year the price of cor

lara31 [8.8K]

You would have to divide the number of bushels by the price.

8 0

3 years ago

A plaintiff sued a defendant in a patent infringement suit. To sustain his claim, the plaintiff was required to demonstrate the

Lelu [443]

Answer:

Yes

Explanation:

A judicial notice is defined as a rule concerning recognition not evidence by a court where a fact that is very well known and attested that there is no room for doubting the fact.

There is no need for formal presentation of evidence.

I'm the given scenario the plaintiff produced three well-known chemistry texts containing explanations of the formula and asked the court to take judicial notice of the formula for the compound.

Since the formula is well known and even contained in well known chemistry texts, the court should take judicial notice of the formula

8 0

2 years ago

HH is a 68 yo M who has been admitted to the medical ward with community-acquired pneumonia for the past 3 days. His PMH is sign

Pachacha [2.7K]

Answer: weakened host immune system and other factors like his anti-hypertensive medications predisposed Mr HH to community acquired pneumonia.

Explanation:

Having a past medical history of

Chronic Obstructive pulmonary disease (COPD), Hypertension, Hyperlipidemia and diabetes, Me HH has a higher risk of developing community acquired pneumonia through the following ways...

Having a past medical history of Chronic obstructive pulmonary disease ascertains that he might have the bacteria Streptococcus pneumoniae, Haemophilus influenzae, Chlamydia pneumoniae, Mycoplasma pneumoniae, and Legionella pneumophila which are the main causative organism of pneumonia and therefore will vkme down with community acquired pneumonia once the immune system is compromised.

Hypertension predisposes Mr HH to community acquired pneumonia through the use of certain anti-hypertensive medications like calcium channel blockers which tends to decrease phagocyte function and host defence.

Digoxin a cardiac glycoside decreases the clearance of pneumococci from lower respiratory tree.

Delayed emptying of the stomach with comes with diabetes can lead to aspiration this further resulting In pneumonia (community acquired pneumonia)

Diabetes and Hyperlipidemia impairs neutrophils and monocytes (macrophages) function thereby wearing the host immune response and further encouraging micro organisms that cause pneumonia to thrive.

8 0

3 years ago

A car insurance policy has a $500 deductible for comprehensive coverage and a $1000

Alexus [3.1K]

$1500 will be paid by the Insurance policy as the accident has lead to $725 damage to John’a car which will be covered up to $500 (full amount that insurance can pay), leaving him to pay off the rest. As for the liability that is worth $1525 so insurance will pay what it can which is $1000, leaving John to pay off the remaining amount. So the insurance is paying $1500 ($500 comprehensive coverage plus $1000 liability coverage)

7 0

3 years ago

Read 2 more answers