Week 11 - 950 18 E Q#10(full entry 19 E Sales 4,950 20 D...

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WEEK 11 ANSWERS 1 D 2 D 3 A Q #5 (full entry) Q #9 (full entry) Q #13 4 B Sales 4,950 5 A A/R 4,950 A/R 613,000 Less: SR & -950 6 C Sales Revenue 4,950 Sales Revenue 600,000 Sales Disco - 7 E Cash 13,000 Net Sales 4,000 8 E COGS 1,020 COGS 250,000 COGS -1,050 9 D Cart Inventory 1,020 Cart Inventory 250,000 2,950 10 E 11 A Transp. Out 1,000 300,000 12 E Cash 1,000 A/R 300,000 Q #14 400,000 13 A -4,000 14 C Cash 310,000 396,000 15 A Q #8 A/R 313,000 16 C 950 Discount 3,000 17 E A/R
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Unformatted text preview: 950 18 E Q #10 (full entry) 19 E Sales 4,950 20 D Less: SR & A-950 A/R 4,950 21 C Sales Discount-40 Sales Revenue 4,950 22 D Net Sales 3,960 23 D COGS-1,020 COGS 1,050 24 C 2,940 Cart Inventory 1,050 25 A 26 D Cash 4,950 27 B A/R 4,950 28 C 29 D 30 E 31 D 32 $4,920 33 D 34 B 35 A 36 E 37 $5,000 38 no change 39 A 40 B...
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This note was uploaded on 02/14/2011 for the course ACCY 202 taught by Professor Staff during the Spring '08 term at University of Illinois, Urbana Champaign.

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