Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please help/show work trying to learn! tarke

please help/show work trying to learn! tarkers taked Goods...

70.2K

Verified Solution

Question

Accounting

please help/show work trying to learn!
image
tarkers taked Goods purchases dag treats from a supplier on February 2 ata quantity of 10,000 treats at $i per treat. Terms of the purchase are 2/10w30. Barkers pays half the amount due in cash on February 28 but cannot pay the remaining balance due in four days. The supplier renegotiates the terms on March 4 and allows Barkers to convertit purchase payment into a short-term noto, with an annual interest rate of 6 percent, payable in 9 months. Show the entries for the meal purchase, the partial payment, and the conversion. It an amount box does not require an entry, leave it bilan Feb, 2 Feb. 28 III III Mar 4

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

Assignment: FMLA Obligations Complete an Internet search for the case Spangler v. Federal Home Loan Bank of...

General Management
Q

Create a lesson plan for a sport activity of your choosing with an emphasis on safety...

General Management
Q

A bob of a simple pendulum has mass m and is oscillating with an amplitude...

Physics
Q

8 Express the quadratic in vertex form y x 20 9x

Geometry
Q

A company has current, trailing earnings of 2.1 per share. The company plans to reinvest...

Basic Math
Q

Ruby has a bag that contains orange chews, cherry chews, and lime chews. Sheperforms an...

Basic Math
Q

In a study of 817 randomly selected medical malpractice lawsuits it was found that 520...

Statistics
Q

Calculate det A det B det AB det A 00 det 499 Show your work...

Algebra
Q

4 Caleece took a science test and an English test yesterday The English test had...

Algebra
Q

51. Which mathematical tool is used to calculate transition probabilities between quantum states?...

Accounting
Q

Compute the depreciation expense under units-of-activity for 2020 , assuming machine usage was 1.500 hours....

Accounting
Q

Annual Report Project Instructions For this project, you will read and interpret information from the...

Accounting