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mash [69]
4 years ago
9

Record the following transactions for Red Wood Trails in a general journal.

Business
1 answer:
Serggg [28]4 years ago
3 0

Answer:

Date         Account, title and description                 debit              credit

June 3      Merchandise inventory                           3,985

                Accounts payable                                                           3,985

                Merchandise purchased on account

                from JVC Co.

June 9      Merchandise inventory                           2,300

                Accounts payable                                                           2,300

                Merchandise purchased on account

                from Prime Target, terms 2/10, n/30

June 12    Store supplies                                          675

                Accounts payable                                                           675

                Merchandise purchased on account

                from Craft Shop

June 13    Accounts payable                                    3,985

                Cash                                                                                3,985

                Paid for June 3 purchase of

                merchandise from JVC Co.

June 19    Accounts payable                                    2,300

                Cash                                                                                2,254

                Purchase discounts                                                        46

                Paid for June 9 purchase of

                merchandise from Prime Target and

                obtained a 2% discount

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Answer:

5.602786

Explanation:

Units completed:

= 100% of (76,000 + 10,000)

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Closing units:

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= 3,750

Equivalent units = Units completed + Closing units

                           = 86,000 + 3,750

                           = 89,750

Opening cost = 52,100

Cost during the year = 450,750

Total cost = Opening cost + Cost during the year

                = 52,100 + 450,750

                = 502,850

Direct labor cost per equivalent unit:

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= 502,850 ÷  89,750

= 5.602786

7 0
3 years ago
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Answer:

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"a partnership not only between those who are living, but between those who are living, those who are dead, and those who are to
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After such calculations appropriate adjustments in different accounts are done accordingly.

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False.

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3 years ago
Which Internet service allows users to send and receive short text messages in real time?
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Answer:

SMS (short message services), capability allows users to send and receive short text messages, typically few than 300 characters, on a phone or other mobile devices, computer.

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I I read about it online a while back.

8 0
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