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it is accounting qns how we can create state ment of it 9...

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Accounting

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it is accounting qns
how we can create state ment of it
9 10 11 Assignments 12 13 1) Sept1 sold inventory to JenAir for $6000 (cost is $4200) term 2/10, n/30 21 222) Sep2, business purchased $3,000 merchandise inventory from Skylimit Inc. 23 Term 1/10, n/30 FOB 26 273) Sep3 business paid the delivery cost $430 for shipping the Sep1 inventory to 28 lenAir 31 32) Sep4 Skylimit sent a $250 debit memo to business for the Sep2, 2020 33 Inventory purchase. 36 375) Sept9 sold inventory to Dennis for $1800 ( cost of sales $1500) term 2/10, 1/30 3B Terms: 2/15, n/30 44 456) Sept13, busines collected amount from JenAir in full 48 49 ) Sep12, business paid Skylimit in full 54 558) Sep 14, business bought $5,500 from Pacific East Inc. 56 Terms: 2/5, n/30 FOB 60 619) Sep15, business issued a credit memo $375 to Dennis for the Sep9 inventory sales 64 6510) Sep 21, business paid Pacifice East in full 68 6911) Sept24, collected amount owing from Dennis 74 75 76 77 ZA w2.a W34 Sheet2 W4 A1 and AZ 4 step example + LE Sheet1 chp4

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