During the month, the company had $28,000 in revenue from products it provided to customers....
80.2K
Verified Solution
Question
Accounting
During the month, the company had $ in revenue from products it provided to customers. All sales were on account. The amount HI Palms paid its suppliers for these products was $ In addition, HI Palms had revenue from services it provided to customers in the amount of $ on account. Customers had paid a total of $ for these transactions by the end of January. In addition, customers paid $ of the balance owed as of January st from previous months transactions during the month of January. The company uses the perpetual inventory method. The terms of the Long Term Note Payable are as follows: annual interest rate, interest payments payable monthly on the first day of the month for the previous month, full amount of principal due on November the amount of this long term is can you please make a journal entries of these?
During the month, the company had $ in revenue from products it provided to customers.
All sales were on account. The amount HI Palms paid its suppliers for these products was $
In addition, HI Palms had revenue from services it provided to customers in the amount of
$ on account. Customers had paid a total of $ for these transactions by the end of
January. In addition, customers paid $ of the balance owed as of January st from
previous months transactions during the month of January. The company uses the perpetual
inventory method.
The terms of the Long Term Note Payable are as follows: annual interest rate, interest
payments payable monthly on the first day of the month for the previous month, full amount of
principal due on November
the amount of this long term is
can you please make a journal entries of these?
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.