Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. xavier industries recorded the following events in

Xavier Industries recorded the following events involving a recent purchase of inventory: Purchases $ merchandise...

60.1K

Verified Solution

Question

Accounting

image
Xavier Industries recorded the following events involving a recent purchase of inventory: Purchases $ merchandise for $100,000; Returned $17,000 of the merchandise for credit; Paid $2,000 freight on the shipment. As a result of these events, the company's inventory increased by $82,700. increased by $85,000. increased by $87,000. increased by $90,000

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

Create an Excel spreadsheet to organize your answers to the following problem, and submit your Excel...

Finance
Q

Why do white privilege continue to reproduce itself as most inequalities? What do social mobility have to...

Psychology
Q

Flexible Budgeting and Variance Analysis I Love My Chocolate Company makes dark chocolate and light chocolate. Both...

Accounting
Q

As part of its interview process an employment agency tests the client s typing speed...

Statistics
Q

The function fis defined below.f(x) = x +6x-16 x-4Find all values of x that are...

Calculus
Q

Find the points on the curve y x 3x 9x 8 where the tangent is...

Calculus
Q

Kelly Company issued $100,000 of 5%, 10-year bonds at 102 to a single investor. Each...

Accounting
Q

Partners in a general partnership have equal right to participate in the management of the...

Accounting
Q

Following are selected accounts for Green Corporation and Vega Company as of December 31, 2023....

Accounting
Q

8) Red Company had 2,000,000 shares of common stock issued and outstanding at December 31,...

Accounting
Q

Solve each equation. G ach solution to the ne (7) 2x^(2)-5=12

Finance
Q

The common stock and debt of Sheridan Shoes are valued at $145 million and $90...

Finance