ACC201 WK 2 EX 1 - 3-22 Product Cost Transportation in...

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Unformatted text preview: 3-22 Product Cost Transportation in Period Cost insurance on building Office supplies Costs incurred to improve quality is for BOTH Goods purchased for resale 3-25 AS, AU, AE, or CE Event Cash 8,400 assets accts rec Mdse Inv 2,000 5,600 = Liabilites + Stockholder's Equity Common retained Stock earnings 8,000 2,400 -500 Acct Titles for R.E. AS AU CE CE AU AE AS AU AE AS CE CE 1 2 3 4 5 6 7 8 9 10 11 12 -500 -400 -104 5,488 5,600 -400 -104 -5488 2/10, n30 smoot fob shipping on smoot damaged goods adj for payoff smoot -520 840 -840 520 -600 504 -1,800 504 -520 840 -840 520 -600 504 -1,800 payoff smoot cost of goods sold purchase price of good returned money for item returned adj for return items FOB destination charg collection left over inventory ...
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This note was uploaded on 09/26/2010 for the course BUSINESS acc 201 taught by Professor Errico during the Spring '10 term at Ashford University.

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