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Fed [463]
4 years ago
5

What transactions that are include in sales and sales return journal?

Business
1 answer:
IceJOKER [234]4 years ago
5 0
Sales journal, here goods that are sold on credit are recorded while in a sale return journal goods, initially sold on credit when returned are recorded here.
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3 years ago
On November 10th, Easton Company sold the Y Company stock for $31 per share. On December 15th, Z Company paid dividends of $0.12
AysviL [449]

Answer:

Find attached complete part  of the question.

The unrealized gains is $3500

Explanation:

Y stock has been disposed and its gains or losses are now realized, and it is not applicable to our computation now.

Unrealized gains or losses is the difference between purchase price of a stock and its current market price

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So unrealized gains overall =$4500-$1000

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Note that the price of stock X  has risen to $43 from initial $40 while that of company  Z has fallen to$21 from the initial $22.

I

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3 years ago
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Work = All you have to do is process of elimination to eliminate the ones that don’t make sense.
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