Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please answer asap thankyou:) journalize the

please answer asap thankyou:) Journalize the May transactions for...

70.2K

Verified Solution

Question

Accounting

please answer asap thankyou:) image
image
image
Journalize the May transactions for Kevin Company (seller) assuming that Kevin uses a perpetual inventory system. (Ulst all deblt entries before crobilt entries. Credit occount ditles ore automatically Indented when the omount Is entered. Do not indent manually. Record joumol enter in the order presented in the problem. Round answers to 0 decimal ploces, e. 5,275.) Kevin Company uses a perpetual inventory system. During May, the following transactions and events occurred. May Sold 8 motors at a cost of $57 each to Scruffy Brothers Supply Company, terms 4/10,n/30. The motors cost Kevin $41 13 each. May One defective motor was returned to Kevin. May Recelved payment in full from Scruffy Brothers. 23

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What is the number of ATP and ATP equivalents that can be produced via oxidative phosphorylation...

Biology
Q

please explain the swot analysis and competitive analysis,( included communication objective, the behavioural objective advertising, direct marketing,...

General Management
Q

AJPH Public Health Approach to Eliminating Health Disparities pdfin 250 300 words explain how the...

Biology
Q

1 The point C 3 1 is rotated 180 clockwise about the origin What are...

Geometry
Q

You want to make a 55 alcohol solution You have 100 mL of 25 solution...

Basic Math
Q

Which number from 1 to 2000 inclusive requires the most Roman numerals to write Write...

Basic Math
Q

Consider the following vectors LOT Which of the following statements are true select all correct...

Algebra
Q

12 Given two circles whose radii are 10 and 15 the ratio of their areas...

Algebra
Q

In financial statement, fraudulent reporting is most commonly evidenced by high levels of

Accounting
Q

PR 5-46(Static) Activity-Based Costing; Cost Analysis (LO 5-1,5-2,5-4,5-5,5-7) [The following information applies to...

Accounting
Q

Joey's Bike Shop sells new and used bicycle parts. Although a majority of its sales...

Accounting
Q

4. The local transit agency, an "expected profit maximizer", must decide whether to introduce a...

Finance