Answer:
Americans piled into the metal as protection from the collapsing value of the dollar. But since the 1970s, the government has enacted a series of laws that have made owning gold more difficult, more costly, and less private.
Explanation:
:D
<span>The process of identifying central ideas and details and arranging them in the right sequence is known as outlining.</span>
Answer:
Correcting Entry
March 8 Dr. Cr.
Supplies $664
Equipment $600
Account Payable $64
Explanation:
Entry Should be
March 8 Dr. Cr.
Supplies $664
Account Payable $664
Entry Recorded
March 8 Dr. Cr.
Equipment $600
Account Payable $600
Firs error is amount recorded as $600 rather $664 and the second is account of equipment debited rather the account of Supplies Inventory.
Answer:
See explanation section.
Explanation:
A) Accounts Receivable $8,780
Sales Revenue $8,780
<em>Sarasota Company sold its specialty shelving to Elkins Office Supply Co. on account.</em>
(b) Sales Returns and Allowances $215
Allowances for Sales Returns and Allowances $215
<em>To record an additional $215 in allowances to Elkins. </em>
(c) Allowance for Sale Returns and Allowances $706
Accounts Receivable $706
<em>To record an allowance of $706 when some of the shelving does not meet exact specifications. It means the products were damaged or defected.</em>
