Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. it is accounting qns how we can create state ment

it is accounting qns how we can create state ment of it 9...

50.1K

Verified Solution

Question

Accounting

image
it is accounting qns
how we can create state ment of it
9 10 11 Assignments 12 13 1) Sept1 sold inventory to JenAir for $6000 (cost is $4200) term 2/10, n/30 21 222) Sep2, business purchased $3,000 merchandise inventory from Skylimit Inc. 23 Term 1/10, n/30 FOB 26 273) Sep3 business paid the delivery cost $430 for shipping the Sep1 inventory to 28 lenAir 31 32) Sep4 Skylimit sent a $250 debit memo to business for the Sep2, 2020 33 Inventory purchase. 36 375) Sept9 sold inventory to Dennis for $1800 ( cost of sales $1500) term 2/10, 1/30 3B Terms: 2/15, n/30 44 456) Sept13, busines collected amount from JenAir in full 48 49 ) Sep12, business paid Skylimit in full 54 558) Sep 14, business bought $5,500 from Pacific East Inc. 56 Terms: 2/5, n/30 FOB 60 619) Sep15, business issued a credit memo $375 to Dennis for the Sep9 inventory sales 64 6510) Sep 21, business paid Pacifice East in full 68 6911) Sept24, collected amount owing from Dennis 74 75 76 77 ZA w2.a W34 Sheet2 W4 A1 and AZ 4 step example + LE Sheet1 chp4

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Select a career path (NURSING) Analyze the impact that gender in: The career choice itself, including...

Psychology
Q

10 What should you do if a prescription is missing required information O a Call...

Biology
Q

8 A body is moving with uniform velocity of 8 ms When the body just...

Physics
Q

Describe 3 5 3 to the right 5 down 3 to the right 5 up...

Geometry
Q

Find the number of distinct arrangements of the 12 letters in REENGINEERED. Two of the...

Basic Math
Q

4 Graph the function f x over the given interval Partition the interval into four...

Calculus
Q

Exercise 9-9 (Algo) Return on investment analysis LO A1 A growing chain is...

Accounting
Q

Which of the following properly describes the impact on the financial statements when a company...

Accounting
Q

Retained Earnings represent since the company's formation, how much "operating income" has been kept...

Accounting
Q

The capital structure of Arlington, Inc. includes $9,000,000 of 8% bonds and $6,000,000 of common...

Accounting
Q

ABC laundry was opened on January 2020 by Ahmed. During the first year of operations,...

Accounting
Q

noirermotni boniupoR neqmo ose,s e9eneqx3 nnVvnJ ot kola nomm to 9onsled 9rtt tertw .noit6molni...

Accounting