Business, 27.06.2019 06:10 kayranicole1
The wilson company purchased $39,000 of merchandise from the poole wholesale company. wilson also paid $3,200 for freight costs to have the goods shipped to its location. which of the following statements regarding the necessary entries for the transactions is true? wilson uses the perpetual inventory system. a. total debits to the inventory account would be $41000.
b. total debits to the inventory account would be $39,000.
c. transportation-in would be debited for $3200.
d. total debits to the inventory account would be $3200
Answers: 2
Business, 22.06.2019 09:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false
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Business, 22.06.2019 13:30
Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.
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Business, 22.06.2019 16:00
Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
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The wilson company purchased $39,000 of merchandise from the poole wholesale company. wilson also pa...
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