Business, 12.11.2019 20:31 nyajah13

Transactions related to purchases and cash payments completed by wisk away cleaning services inc. during the month of may 20y5 are as follows: may 1. issued check no. 57 to bio safe supplies inc. in payment of account, $380. 3. purchased cleaning supplies on account from brite n' shine products inc., $230. 8. issued check no. 58 to purchase equipment from carson equipment sales, $3,880. 12. purchased cleaning supplies on account from porter products inc., $330. 15. issued check no. 59 to bowman electrical service in payment of account, $190. 18. purchased supplies on account from bio safe supplies inc., $430. 20. purchased electrical repair services from bowman electrical service on account, $160. 26. issued check no. 60 to brite n’ shine products inc. in payment of may 3 invoice. 31. issued check no. 61 in payment of salaries, $7,440. prepare a purchases journal to record the above transactions in chronological order.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 19:40

Bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at

Answers: 3

Answer

Business, 21.06.2019 22:50

The following data pertains to activity and costs for two months: june july activity level in 10,000 12,000 direct materials $16,000 $ ? fixed factory rent 12,000 ? manufacturing overhead 10,000 ? total cost $38,000 $42,900 assuming that these activity levels are within the relevant range, the manufacturing overhead for july was: a) $10,000 b) $11,700 c) $19,000 d) $9,300

Answers: 2

Answer

Business, 22.06.2019 01:40

Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?

Answers: 1

Answer

Business, 22.06.2019 03:30

Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?

Answers: 2

Answer

You know the right answer?

Transactions related to purchases and cash payments completed by wisk away cleaning services inc. du...

Questions