subject
Business, 26.11.2019 06:31 TheArkazary

Francisico company uses the columnar cash journals illustrated in the textbook. in april, the following selected cash transactionsoccurred.1. made a refund to a customer for the return of damaged goods.2. received collection from customer within the 3% discount period.3. purchased merchandise for cash.4. paid a creditor within the 3% discount period.5. received collection from customer after the 3% discount period had expired.6. paid freight on merchandise purchased.7. paid cash for office equipment.8. received cash refund from supplier for merchandise returned.9. withdrew cash for personal use of owner.10. made cash sales. instructionsindicate the journal and the columns in the journal that should be used in recording each transaction. for the columns in the journalportion of the answer using the appropriate letter from the choices shown below. a. cash ( other accounts (dr.)b. cash ( sales discounts ( and accounts receivable (cr.)c. cash ( accounts receivable (cr.)d. cash ( sales ( cost of goods sold ( and merchandise inventory (cr.)e. cash ( merchandise inventory ( and accounts payable (dr.)f. cash ( other accounts (cr.)g. cash ( sales discounts ( and accounts receivable (dr.)h. cash ( accounts receivable (dr.)i. cash ( sales ( cost of goods sold ( and merchandise inventory (dr.)j. cash ( merchandise inventory ( and accounts payable (cr.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 18:20
Which of the following is intended to demonstrate to an employer the importance of cooperating with workers? a. a collective agreement. b. a stock offer. c. a boost in production. d. a work slowdown. 2b2t
Answers: 2
question
Business, 21.06.2019 21:00
Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?
Answers: 2
question
Business, 22.06.2019 12:30
Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d
Answers: 3
question
Business, 22.06.2019 12:50
Afirm’s production function is represented by q(m,r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false
Answers: 3
You know the right answer?
Francisico company uses the columnar cash journals illustrated in the textbook. in april, the follow...
Questions
question
History, 23.08.2019 23:30
question
Mathematics, 23.08.2019 23:30
question
History, 23.08.2019 23:30
Questions on the website: 13722363