1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dahasolnce [82]
3 years ago
12

Jon’s company purchased $1,500 of inventory on account from Sartol Industries on January 9th. The terms were 3/15, n/45. Jon’s c

ompany also paid freight charges of $120 on January 10th and returned $500 of the inventory on January 14th. Journalize the entry to record the payment of the invoice on February 6th.
Business
1 answer:
kozerog [31]3 years ago
6 0

Answer:

February 6, invoice is paid:

Dr Accounts payable 1,000

    Cr Cash 1,000

Explanation:

January 9, merchandise is purchased on account:

Dr Merchandise inventory 1,500

    Cr Accounts payable 1,500

January 10, freight charges are paid:

Dr Merchandise inventory 120

    Cr Cash 120

January 14, partial return of merchandise:

Dr Accounts payable 500

    Cr Merchandise inventory 500

February 6, invoice is paid:

Dr Accounts payable 1,000

    Cr Cash 1,000

You might be interested in
The Doak Company has projected the following quarterly sales amounts for the coming year:
tester [92]

Answer: Check attachment

Explanation:

The cash collection was calculated as:

a. (90-45)/90 = 1/2

Q1 = 1700 + (1/2 × 3900)

= 1700 + 1950

= 3650

Q2 = 1950 + (1/2 × 4700)

= 1950 + 2350

= 4300

Q3 = 2350 + (1/2 × 4300)

= 2350 + 2150

= 4500

Q4 = 2150 + (1/2 × 3600)

= 2150 + 1800

= 3950

Check the attachments for further information.

6 0
3 years ago
​Stasia, a new employee at a large real estate​ company, sees some immediate problems when she reads the​ company's wiki article
insens350 [35]

Answer:

to use the wiki discussion facility

Explanation:

Based on the information provided within the question it can be said that Stasia's best choice would be to use the wiki discussion facility. This is an area used to discuss the article that is being shown/read. By using this she can voice her opinion on the issues that she noticed in regards to the marketing article that was posted. With the hopes of making it better.

5 0
3 years ago
Oscar refuses to pay petra $500 in cash on their contract to repair oscar's washing machine, which petra still possesses at her
musickatia [10]
For the answer to the question above, I think the answer is that
<u><em>petra's lien on the machine will terminate if and only </em></u><span><u><em>if Petra would voluntarily surrender possession.</em></u></span>

I hope my answer helped you. Have a nice day!
6 0
3 years ago
Pls whoever answer this ASAP, I'LLMARK YOU BRAINLIEST... PROMISE
Taya2010 [7]

Answer:

I AM SO CONFUSED

5 0
2 years ago
Customer complaints communicated directly to the company and no one else are important because Group of answer choices they can
OverLord2011 [107]

the correct answer is (e) which is all of the above.

Explanation: Customers are king, their satisfaction is the ultimate goal for a business.  Unsatisfied customer are difficult to retain as well, hence, their problems  must always be welcomed and solved. It also aware the firm or give an idea about what needs to be changed or added. Negative word of mouth is also prevented. Its a chance for an organization to convert dissatisfied customer into highly satisfied customers and chances of retention increases as well.

3 0
3 years ago
Other questions:
  • The financial statements of the Skysong, Inc. reports net sales of $372000 and accounts receivable of $60000 and $31200 at the b
    6·1 answer
  • Charley has a typing service. he estimates that a new computer will result in increased cash inflow $1,600 in year 1, $2,000 in
    10·1 answer
  • A small local bank has made many loans to several energy companies recently because these companies have had no problem repaying
    8·2 answers
  • Open market operations:___________.
    7·1 answer
  • What is not one of the five main catogories of risk faced by individuals?
    11·1 answer
  • Consider an economy with two sectors: manufacturing and services. Demand for labor in manufacturing and services are described b
    10·1 answer
  • Following are account balances (in millions of dollars) from a recent State annual report, followed by several typical transacti
    6·1 answer
  • MC Qu. 74 Differential Chemical produced... Differential Chemical produced 12,000 gallons of Preon and 16,000 gallons of Preon.
    7·1 answer
  • Which examples demonstrate common E-marketing work environments? Check all that apply.
    8·2 answers
  • Companies that operate in a ___________________ environment have the lowest amount of environmental uncertainty as illustrated i
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!