Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the liccorish pizza bought $5,000 worth of merchan

The Liccorish Pizza bought $5,000 worth of merchandise from TechCom and signed a 90-day, 10%...

50.1K

Verified Solution

Question

Accounting

The Liccorish Pizza bought $5,000 worth of merchandise from TechCom and signed a 90-day, 10% promissory note for the $5,000. TechCom's journal entry to record the transaction is

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

Peoples’ Savings Bank, a thrift institution, has a cumulative gap for the coming year of +$145...

Finance
Q

What is the H0 rejection region for Z (i.e. standard normal distribution) for a two-tailed test...

Statistics
Q

XYZ stock price and dividend history are as follows: Year Beginning-of-Year Price Dividend Paid at Year-End...

Finance
Q

Question 1 4 pts The following account appears on the income statement of a merchandiser: dividends cost of goods...

Accounting
Q

Sketch the region in the plane consisting of points whose polar coordinates satisfy the given...

Calculus
Q

Find an expression for the perimeter of the figure x 5x 1 Triangle 4x 2...

Algebra
Q

Florida company is considering acquiring a machine that costs $25,000. Its estimated that the machine...

Accounting
Q

1. What were the Operating Margins, Gross Profits, Profit Margins by product...

Accounting
Q

A company like Golf USA that sells golf-related inventory typically will have inventory items such...

Accounting
Q

The Vintage Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded...

Accounting
Q

Receipts from cash sales of $5,700 were recorded incorrectly by the company as $7,500. The...

Accounting
Q

Emma received the following items during the year pursuant to a divorce decree: Family...

Accounting