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Rama09 [41]
3 years ago
14

Journalizing Purchases Transactions

Business
1 answer:
Virty [35]3 years ago
7 0

Answer:

May 3

Dr Purchases $6,780

Cr Accounts Payable/Reed $6,780

Invoice No. 321

May 9

Dr Purchases $2,550

Cr Accounts Payable/Omana $2,550

Invoice No. 614

May 18

Dr Purchases $2,100

Cr Accounts Payable/Yao Distributors $2,100

Invoice No. 180

May 22

Dr Purchases $5,240

Cr Accounts Payable/Brown $5,240

Invoice No. 913

Explanation:

Preparation of the purchase transactions in a general journal

May 3

Dr Purchases $6,780

Cr Accounts Payable/Reed $6,780

Invoice No. 321

May 9

Dr Purchases $2,550

Cr Accounts Payable/Omana $2,550

Invoice No. 614

May 18

Dr Purchases $2,100

Cr Accounts Payable/Yao Distributors $2,100

Invoice No. 180

May 22

Dr Purchases $5,240

Cr Accounts Payable/Brown $5,240

Invoice No. 913

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Metro Inc. has two production departments (Lamination and Molding) and three service departments (Human Resources, Technology Su
eimsori [14]

Answer:

Lamination= $50,000

Explanation:

Giving the following information:

Metro Inc. has two production departments:

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Three service departments:

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The $200,000 costs of Human Resources are allocated based on the number of employees in each production department.

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Proportion of employees:

Lamination= 40/160= 25%

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4 years ago
Companies facing the challenge of setting prices for the first itme can choose between two board strategies; marketing-penetrati
Alika [10]

The correct question should be:

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*<br> What items make an Water based stain?
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3 years ago
Eccles Inc., a zero growth firm, has an expected EBIT of $100,000 and a corporate tax rate of 30%. Eccles uses $500,000 of 12.0%
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