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White raven [17]
3 years ago
10

Bravo! You did a great job. I bet you are ready to further evaluate your learning

Business
1 answer:
Ede4ka [16]3 years ago
5 0
Where are the sentences
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Required information Exercise 6-9A Record transactions using a perpetual system (LO6-5) Skip to question [The following informat
Korolek [52]

Answer:

Littleton Books

Journal Entries:

May 2 Debit Inventory $3,300

          Credit Accounts Payable (Readers Wholesale) $3,300

To record the purchase of books on account, terms, 1/10, n/30.

May 3 Debit Freight-in $200

          Credit Cash Account $200

To record the payment of freight costs for books purchased from Readers.

May 5 Debit Accounts Payable (Readers Wholesale) $400

          Credit Inventory $400

To record the return of books.

May 10 Debit Accounts Payable (Readers Wholesale) $2,900

            Credit Cash Discount Received $29

            Credit Cash Account $2,871

To record the settlement of account.

May 30 Debit Accounts Receivable $4,000

            Credit Sales Revenue $4,000

To record the sale of books on account.

May 30 Debit Cost of goods sold $2,900

            Credit Inventory $2,900

To record the cost of goods sold.

Explanation:

The journal entries in Littleton Books' accounting records show the accounts to be debited and credited as they occur on a daily basis.

6 0
3 years ago
Traditionally, if sam, who is 17 years old, purchases a television from a store, signs a 11-month contract, and then drops it on
zavuch27 [327]
Well of this is true of false it would be false because you have to be 18 years old. This can’t happen in the first place because you have to be 18 years or older to purchase the television
5 0
3 years ago
What is an advantage of using multimedia slides?Extensive training and publishing experience allows you to distribute basic pres
Viktor [21]

Answer:

Recall is enhanced because the audience keeps the reference material.

Explanation:

The advantage of using multimedia slides is that they enhance recall because the audience keeps the reference material. They are cheap to update and easy to use. They also always work well with other equipment and programs. A strong benefit of the multimedia slides is that it takes advantage of the brain's ability to process and connect both verbal and visual representations of any content, which leads to a better understanding of the presentation.

5 0
3 years ago
Which of the following is not a type of savings account? A. Certificate of savings B. Basic savings C. Savings bond D. Money mar
Pepsi [2]
A. certificate of savings
4 0
3 years ago
Review the scenario:
ankoles [38]

Answer:

w4

Explanation:

because its w4 because it explains its his first day on the job

4 0
3 years ago
Read 2 more answers
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