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2 years ago

What type of wholesaler operates mainly in bulk industries like lumber, coal, and heavy equipment?

Business

1 answer:

eimsori [14]2 years ago

3 0

Answer:

Drop shippers

Explanation:

Drop shippers wholesaler deals in coal, heavy machinery and lumber. It is a different kind of business setup which empowers an organisation to work without looking after stock. They generally have distribution centres to store their items, and they transport the inventory to their clients themselves. The drop shipper wholesaler is the one who operates mainly in bulk industries.

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Answer:

1, Journal entries

Date Account and explanation Debi$ Credit$

Treasury stock (5200*27) 140,400

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(To record purchase treasury stock)

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(To record sale of treasury stock)

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Paid in capital from sale of 6,300

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Treasury stock (4,150*27) 112,050

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2. Revised equity section

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Total paid in capital 966,000

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Total 1,846,000

Less: Treasury stock (140,400)

Total Stockholder's equity $1,705,600

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2 years ago

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Aloiza [94]

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3 years ago

Palding hires an asian company to produce a specified volume of sports equipment that still carries spalding's name. this is an

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2 years ago

Interest is:

Rufina [12.5K]

Hey there,

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3 years ago

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Answer:

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3 years ago

What type of wholesaler operates mainly in bulk industries like​ lumber, coal, and heavy​ equipment?

What type of wholesaler operates mainly in bulk industries like lumber, coal, and heavy equipment?