Acompany uses a periodic system to record inventory transactions. the company purchases inventory on account on february 9, 2021, for $52,000 and then sells this inventory on account on march 7, 2021, for $73,000. record the transactions for the purchase and sale of the inventory. (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)
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Business, 22.06.2019 10:20
Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.
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Business, 22.06.2019 23:50
Keisha took the vark inventory and discovered she prefers to learn mainly through visual and kinesthetic modes. which study strategy would best match these preferences?
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Business, 23.06.2019 06:50
Jaden has a degree in marketing. she would like to run her department. she is going back to school to get a degree in: a. web designer b. database administrator c. information security d. computer user support
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Business, 23.06.2019 13:30
There are four record classifications. choose the two types of records that are never destroyed. a. vital and essential b. vital and important c. inactive and vital d. important and digitized
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Acompany uses a periodic system to record inventory transactions. the company purchases inventory on...
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