Lemonade_Sample_Data_(June_2006)[1]

Lemonade_Sample_Data_(June_2006)[1] - LEMONADE STAND SAMPLE...

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LEMONADE STAND - SAMPLE DATA FIRST SEASON Day One Partnership formed using $20 cash from each of two partners as initial capital so after forming partnership starting inventory cash = 40 Purchases are 2 pitchers for $6.50, 1 mixing spoon for $2.50, 100 drinking cups for $5.00, 10 tubs of lemonade mix for $5.00, 2 bags of ice for $7.00 Today’s sales = $60 @ 0.6 out of 105 in 4.75 hours Ending inventory is $50 cash, 2 pitchers valued at $6.50, 1 mixing spoon valued at $2.50, 40 drinking cups valued at $2.00. Day Two Starting inventory cash = $50, pitchers = 2, mixing spoons = 1, drinking cups = 40 Purchases are 100 drinking cups for $5, 15 tubs of lemonade mix for $7.50, 2 bags of ice for $7.00 Today’s sales = 36 @ 0.7 out of 95 in 5 hours Ending inventory is $55.70 cash, 2 pitchers valued at $6.50, 1 mixing spoons valued at $2.50, 104 drinking cups valued at $5.20, 8 tubs of lemonade mix valued at $4.00 Day Three Starting inventory cash = $55.70, pitchers = 2, mixing spoons = 1, drinking cups = 104, tubs of lemonade mix = 8
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This note was uploaded on 07/07/2011 for the course BUSINESS 350 taught by Professor Mitchell during the Fall '09 term at Troy.

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Lemonade_Sample_Data_(June_2006)[1] - LEMONADE STAND SAMPLE...

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