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san4es73 [151]
3 years ago
9

Choose the response that correctly completes the following sentence about the Harrisons' refund or balance due. The Harrisons wi

ll:
a. Receive a refund that is greater than $ 4,500 but less than $4,800
b. Receive a refund that is greater than $4,200 but less than $4,500
c. Have a balance due that is greater than $200 but less than $500
d. Have a balance due that is greater than $500 but less than $800
Business
1 answer:
Tcecarenko [31]3 years ago
4 0

Answer:

ni

Explanation:

bnn

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4 years ago
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Purchase-Related Transactions
QveST [7]

Answer:

A.

Dr merchandise inventory 47,040

Cr Account payable 47,040

B.

Dr Account payable 7,350

Cr merchandise inventory 7,350

C.

Dr Account payable 39,690

Cr Cash 39,690

D.

Dr Account payable 39,690

Dr Purchase discount 810

Cr cash 40,500

Explanation:

Stylon Co. Journal entry

A.

Dr merchandise inventory 47,040

Cr Account payable 47,040

(48,000-(48,000×2%)

B.

Dr Account payable 7,350

Cr merchandise inventory 7,350

(7500-(7500×2%)

C.

Dr Account payable 39,690

Cr Cash 39,690

(47,040-7,350)

D.

Dr Account payable 39,690

Dr Purchase discount 810

(48000-7500)×2%

Cr cash 40,500

8 0
3 years ago
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