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sattari [20]
3 years ago
11

Marx Supply uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journali

ze the following transactions that should be recorded in the cash payments journal. April 3 Purchased merchandise for $3,400 on credit from Seth, Inc., terms 1/10, n/30. 9 Issued check no. 210 to Kitt Corp. to buy store supplies for $544. 12 Sold merchandise costing $594 to C. Myers for $998 on credit, terms n/30. 17 Issued check no. 211 for $1,500 to pay off a note payable to City Bank. 20 Purchased merchandise for $4,000 on credit from Lite, terms 1/10, n/30. 28 Issued check no. 212 to Lite to pay the amount due for the purchase of April 20 less the discount of $40. 29 Paid salary of $2,350 to B. Dock by issuing check no. 213. 30 Issued check no. 214 to Seth, Inc., $3,400 to pay for the April 3 purchase.
Journalize the April transactions that should be recorded in the cash disbursements journal assuming the perpetual inventory system is used.

Business
1 answer:
Artist 52 [7]3 years ago
4 0

Answer:

Please see attachment

Explanation:

Please see attachment

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ICE Princess25 [194]

Answer:

True

Explanation:

P/E ratio is the price to earning ratio. Investor look into this ratio before investing or buying share of the company as it shows the market value of the shares or demand of the shares in the market. If ratio is higher then investor anticipate the growth of the company´s earning in the future, it also show investors are willing to pay higher price for each dollar earning of the company.

Price earning ratio= \frac{market\ value\ price\ per\ share}{earning\ per\ share}

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Robert bought 10 shares of Apex Company for $18 each and later sold all of them at $17 each. This transaction resulted in what t
ikadub [295]

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capital loss

Explanation:

3 0
3 years ago
Read 2 more answers
What type of stores rely on their large size and very deep selection to try to dominate the market?
andrew-mc [135]
Power retailers are the stores that rely on their large size and very deep selection to try to dominate the market. 
Specialty stores are small, so you can eliminate that option immediately. Department stores are usually found within another store, so that's not correct too. Discounters don't have a very deep selection, they usually sell a lot of various things. Anchor stores are found within malls, so that's incorrect too. 
8 0
3 years ago
A(n) _____ is an outside firm that specializes in the creation, production, and/or placement of the communications message and t
krek1111 [17]

Answer:

An advertising agency

Explanation:

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Advertising can be carried out via websites, online and social campaigns, brochures, catalogs, direct mail, print ads, radio and TV commercials, and sales letters.

An advantage of an Advertisement agency is that it helps provide a creative environment that combines interesting activities with work, and great exposure too

6 0
3 years ago
Which of the following items is included in Japan’s GDP? A. the estimated value of production accomplished at home, such as ba
noname [10]

Answer:

D) None of the above is included in Japanese GDP.

Explanation:

A country's GDP includes the value of all the finished and legal goods and services produced in an economy during one year.

GDP = consumption + investment + government spending + net exports

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