Waterway Company made a purchase of merchandise on credit from Carla Vista Company on August 8, for $9200, terms 3/10, n/30. On August 17, Waterway makes the appropriate payment to Carla Vista. The entry on August 17 for Waterway Company is:

Dr Accounts Payable 9,200

Cr Inventory 276

Cr Cash 8,924

Explanation:

Preparation of the Journal entry on August 17 for Waterway Company

Since we were told that the company made a credit purchase of the merchandise on Aug 8 for the amount of $9,200 with a terms of 3/10 from Carla Vista Company this means that the transaction will be recorded as:

Dr Accounts Payable 9,200

Cr Inventory 276

(3%×9,200)

Cr Cash 8,924

(97%*9,200)

answer; the above statement/question is ( true);

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.