BMCC Fall 2020 Homework #3 (1) (Protected View] - Excel (Unlicensed Product) Ga Share...

60.1K

Verified Solution

Question

Accounting

image

BMCC Fall 2020 Homework #3 (1) (Protected View] - Excel (Unlicensed Product) Ga Share File Home Insert Page Layout Formulas Data Review View Help Tell me what you want to do PROTECTED VIEW Be carefulfiles from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing i SUBSCRIPTION EXPIRED Most of the features of Excel have been disabled. Reactivate CA SIGN IN TO OFFICE It looks like your stored credentials are out of date. Please sign in as mohammadsaminbiswas [email protected] so we can verify your subscription. 017 f X Sign In X A B . E F H L M N O Q R 1 5 points S 1 2 3 4 Thelma's Amusements completed the following transactions during Nov. 2012 5 7 8 9 10 1- Nov Purchased supplies for cash $700 4-Nov Purchased inventory of credit terms of 3/10, n/eom $9,600 8-Nov Returned half the inventory purchased on Nov 4. It was not the inventory ordered 10-Nov Sold goods for cash $1,200 (cost $700). 3-Nov Sold Inventory on credit terms of 2/15, n/45, $9,900 (cost $5300) 14-Nov Paid the amount owed on account from Nov 4, les return (Nov 8) and the discount. 17-Nov Received defective Inventory as sales return from the Nov 13 sale, $600. Thelma' cost of the inventory received was $450. 18-Nov Purchased inventory of $4,100 on account. Payment terms were 2/10 net 30 26-Nov Paid the net amount owed for the Nov 18 purchase. 28-Nov Received cash in full settlement of the account from the customer who purchased inventory on Nov. 13. less the return and the discount. 29-Nov Purchased inventory of cash $12000 plus freight charges of 200. 11 12 13 14 15 16 17 17 10 18 19 20 21 22 Requirement: Journalize the transactions on the books of Thelma's Amusements Chapter 5 Chapter 6 + 100% I Type here to search ( 3:16 AM 11/13/2020

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