subject
Business, 05.05.2020 07:37 Nicolas9979

During January 2021, the following transactions occur:

January 2 Sold gift cards totaling $10,800. The cards are redeemable for merchandise within one year of the purchase date.
January 6 Purchase additional inventory on account, $161,000.
January 15 Firework sales for the first half of the month total $149,000. All of these sales are on account. The cost of the units sold is $80,800.
January 23 Receive $126,800 from customers on accounts receivable.
January 25 Pay $104,000 to inventory suppliers on accounts payable.
January 28 Write off accounts receivable as uncollectible, $6,200.
January 30 Firework sales for the second half of the month total $157,000. Sales include $15,000 for cash and $142,000 on account. The cost of the units sold is $86,500.
January 31 Pay cash for monthly salaries, $53,400.
6. Record closing entries

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:00
Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?
Answers: 3
question
Business, 22.06.2019 02:30
You have learned that there are many ethical concerns surrounding genetic research, and it's important to be familiar with them. for this project, you will write a persuasive essay about an ethical question in biotechnology. directions the goal of a persuasive essay is to convince people to agree with you. it is important to support your opinion with facts. a persuasive essay is not simply a description of your beliefs. be sure to organize your information, give clear examples, and build your argument carefully. read the following genetics topics below. choose a topic and then decide what side you are on. remember that there is no "right" or "wrong" side. ethical questions often have many points of view. research your topic and write a 400 word persuasive essay. topic 1: should insurance companies have the right to learn the genetic profiles of the people they insure? topic 2: should employers have the right to learn the genetic profiles of the people they hire? are there special considerations for employees in jobs in which there is a high risk to others, such as airline pilots, doctors, or bus drivers? topic 3: should scientists who identify genes and create new genetic engineering techniques have the right to patent their methods for their own profit?
Answers: 1
question
Business, 22.06.2019 10:20
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 3
question
Business, 22.06.2019 19:00
The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
Answers: 3
You know the right answer?
During January 2021, the following transactions occur:

January 2 Sold gift cards totalin...
Questions
question
Mathematics, 22.11.2019 19:31
question
Mathematics, 22.11.2019 19:31
question
Mathematics, 22.11.2019 19:31
Questions on the website: 13722359