Sydney accepts delivery of 31 000
WebMay 11, 2024 · When the goods are delivered, Sydney pays $500 to Express Shipping for delivery charges on the merchandise. May 11-----On May 12, Sydney returns $2,000 of goods to Troy, who receives them one day later and restores them to inventory. The returned goods had cost Troy $1,340. May 12---On May 20, Sydney mails a check to Troy Corporation for … WebOct 7, 2024 · Sydney Retailing (buyer) and Troy Wholesalers (sete) enter into the following transactions May 11 Sydney accepts delivery of 530,000 of merchandise it purchases for resale froe Truy: tvolce dated Mey 11, ters V18, , FOB shipping point. The goods cost ...
Sydney accepts delivery of 31 000
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WebMay 11 Sydney accepts delivery of $31,000 of merchandise it purchases for resale from Troy: invoice dated May 11, terms 3/10, n/90, FOB shipping point. The goods cost Troy … WebMay 11, 2024 · On May 11, Sydney Co. accepts delivery of $31,000 of merchandise it purchases for resale from Troy Corporation. With the merchandise is an invoice dated May 11, with terms of 3/10, n/90, FOB shipping point. …
WebThe goods cost Troy $30,000. Sydney pays $345 cash to Express Shipping for delivery charges on the merchandise. 12 sydney returns $1,400 of the $40, 000 of goods to Troy, who receives them the same day and restores them to its inventory. The returned goods had cost Troy $1,050. 20 Sydney pays Troy for the amount owed. WebConnect Financial Accounting Chapter 4. Q1. Allied Merchandisers was organized on May 1. Macy Co. is a major customer (buyer) of Allied (seller) products. May 3 – Allied made its first and only purchase of inventory for the period on May 3 for 3,000 units at a price of $10 cash per unit (for a total cost of $30,000).
WebMay 11 Sydney accepts delivery of $40,000 of merchandise it purchases for resale from Troy: invoice dated May 11, terms 3∕10, n∕90, FOB shipping point. The goods cost Troy $30,000. Sydney pays $345 cash to Express Shipping for delivery charges on the merchandise. 12 Sydney returns $1,400 of the $40,000 of goods to Troy, who receives … WebMar 7, 2024 · below. Prepare joumal entries that Sydney Retaling (buyer) records for these three transactions. Journal entry worksheet Sydney accepts delivery of $36 , 000 of merchandise it purchases for resale from Troy: invoice dated May 11; terms 3/10 , n /90 ; FOB shipping point. The goods cost Troy $24 , 120 . Note: Enter debits before crotits..
WebOct 7, 2024 · On May 11, Sydney Co. accepts delivery of $31,000 of merchandise it purchases for resale from Troy Corporation. With the merchandise is an invoice dated …
WebOn May 11, Sydney Co. accepts delivery of $29,000 of merchandiseit purchases for resale from Troy Corporation. With the merchandiseis an invoice dated May 11, with terms of … ely at flamingoWebExpert Answer. May 11 Sydney accepts delivery of $39,000 of merchandise it purchases for resale from Troy: invoice dated May 11; terms 3/10, n/90; FOB shipping point. The goods … ford martin zettlWeb12 Sydney returns $1,400 of the $40,000 of goods to Troy, who receives then the same day and restores them to its inventory. The returned goods had cost Troy $1,050. 20 Sydney … ford martin city mo