BUS 591 Week 3 Assignment.doc - Bus 591 Week 3 assignment...

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Bus 591 Week 3 assignmentComplete the following Workbook Template Week Threeor you may complete the problems E5-2, E5-6 and P5-5B from Chapter 5 and Problems 6-2B and 6-3B Chapter 6. Submit your work toyour instructor by the posted due date. Show all your work in order to earn full credit.Exercise 5-2(a) Journalize the transactions, including explanations. (Note, enter all accounts in one box. The dates have been included to help with formatting). EXERCISE 5-2Sept.6Inventory..............................................................................1,650Accounts Payable......................................................9Inventory..............................................................................50Cash............................................................................10Accounts Payable................................................................66Inventory....................................................................12Accounts Receivable............................................................690Sales Revenue............................................................Cost of Goods Sold..............................................................520Inventory....................................................................14Sales Returns and Allowances..............................................45Accounts Receivable...................................................14Inventory................................................................................34Cost of Goods Sold......................................................20Accounts Receivable..............................................................760Sales Revenue..............................................................Cost of Goods Sold................................................................570Inventory......................................................................
EXERCISE 5-6

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