Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. r hamilton has the following credit purchases and

R Hamilton has the following credit purchases and credit sales in April: ...

50.1K

Verified Solution

Question

Accounting

R Hamilton has the following credit purchases and credit sales in April:

April 9 Bought from C Charles: Copper goods RM320 less 50% trade discount
April 10 Sold to J Jones: Brass goods RM24, bronze items RM36. All less 25% trade discount
April 11 Sold to N Nelly: Tin goods RM70, lead items RM230. All less 33 1/3 trade discount.
April 16

Bought from A Adams: Tin goods RM400 less 40% trade discount
April 23 Sold to T Thomas: Tin goods RM50, brass items RM70, lead figures RM80. All less 20% trade discount
April 30 Bought from M Macy: Brass figures RM100 less 50% trade discount

What are his total purchases in the Purchases Day Book?

A.

RM855

B.

RM450

C.

RM820

D.

RM405

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A basketball player grabbing a rebound jumps 78 cm vertically. How much total time (ascent and...

Physics
Q

Victory Company uses weighted-average process costing to account for its production costs. Direct labor is added...

Accounting
Q

The following information is available about the company: a. All sales during the year were on account. b. There...

Accounting
Q

Find the domain and the range of the function. (Enter your answers using interval notation.)h(x)=...

Basic Math
Q

Solve the system dx dt 2 1 14 5 2 2 B with a 0...

Calculus
Q

Evaluate the function f at the indicated value 3 6x 7 if x 0 f...

Algebra
Q

Which of the following is equivalent to 18 25 18 5i 5i

Algebra
Q

Molly and Louis have been dating for two years. Their son, Thomas, was born on...

Accounting
Q

[The following information applies to the questions displayed below.] Hemming Company reported...

Accounting
Q

I need help answering the ABC questions I've already solved the ratios ...

Accounting
Q

Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility...

Accounting
Q

A project has an initial cost of $65,000, expected net cash inflows of $12,000 per...

Finance