Blossom warehouse distributes hardback books to retail stores and extends credit terms of 2/10, n/30 to all of its customers. during the month of june, the following merchandising transactions occurred. june 1 purchased books on account for $1030 (including freight) from catlin publishers, terms 2/10, n/30. - 3 sold books on account to garfunkel bookstore for $800. the cost of the merchandise sold was $700. - 6 received $30 credit for books returned to catlin publishers. - 9 paid catlin publishers in full. 15 received payment in full from garfunkel bookstore. - 17 sold books on account to bell tower for $1000. the cost of the merchandise sold was $700. - 20 purchased books on account for $700 from priceless book publisher, terms 2/15, n/30. journalize the transactions for the month of june for powell warehouse, using a perpetual inventory system.

1tanner invested $135,000 cash along with office equipment valued at $32,400 in the company in exchange for common stock. 2 the company prepaid $7,200 cash for 12 months’ rent for office space. (hint: debit prepaid rent for $7,200.) 3 the company made credit purchases for $16,200 in office equipment and $3,240 in office supplies. payment is due within 10 days. 6 the company completed services for a client and immediately received $2,000 cash. 9 the company completed a $10,800 project for a client, who must pay within 30 days. 13 the company paid $19,440 cash to settle the account payable created on april 3. 19 the company paid $6,000 cash for the premium on a 12-month insurance policy. (hint: debit prepaid insurance for $6,000.) 22 the company received $8,640 cash as partial payment for the work completed on april 9. 25 the company completed work for another client for $2,640 on credit. 28 the company paid $6,200 cash in dividends. 29 the company purchased $1,080 of additional office supplies on credit. 30 the company paid $700 cash for this month’s utility bill. prepare general journal entries to record these transactions. 2. post the journal entries from part 1 to the ledger accounts.

Financial information that is capable of making a difference in a decision is

The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?