Jan Beacon mails a check to BWLC to pay the balance due on its purchase of
Jan Beacon purchases bd ft of Purple Heart, an exotic rainforest hardwood. Beacon's cost is $ and, in addition, it pays a $ shipping charge. Beacon writes two checks for this purchase.
Jan Beacon ships bd ft of Purple Heart to the Cool Construction Co a new account. Beacon invoices Cool $ for the purchase, which includes $ for the lumber and $ for a UPS charge that Beacon pays at the time the order is picked up at its warehouse.
Jan Dividends declared in December were paid on this day. common stock Dividend per share
Jan Beacon purchases board feet of inventory at $ ft paying $ in cash and charging the balance of the purchase amount to its BWLC account.
Jan During the month of January Beacon pays wages expense of $
Jan Beacon remits the sales tax it collected. Hint: you should be able to determine the amount of the remittance from the general ledger account for sales tax payable.
