10. value: 2.50 points Griswold's began operations in January, selling inexpensive sunglasses to large retailers...
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10. value: 2.50 points Griswold's began operations in January, selling inexpensive sunglasses to large retailers like Walgreens and other smaller stores. Assume the following transactions occurred during its first six months of operations. January 1 February 12 March 1 Sold merchandise to Walgreens for $26,000; the cost of these goods to Griswold's was $17,400. Received payment in full from Walgreens. Sold merchandise to Bravis Pharmaco on account for $3,600; the cost of these goods to Griswold's was $1,700. Sold merchandise to Tony's Pharmacy on account for $8,600. The cost to Griswold's was $4,700. Sold merchandise to Anjuli Stores on account for $2,600; the cost to Griswold's was $1,500. Received $6,800 on account from Tony's Pharmacy. April 1 May 1 June 17 Required: 1. Complete the following aged listing of customer accounts at June 30. Customer Total Balance June (One Month) Unpaid Since May April (Two Months) (Three Months) $ 2,600 March (Greater than Three Months) $ 2,600 3,600 3,600 Anjuli Stores Bravis Pharmaco Tony's Pharmacy Walgreens Total 8,600
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