10 received credit of 84 from robert co for a damaged

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Financial and Managerial Accounting Using Excel for Success
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Chapter 5 / Exercise EX 5–39
Financial and Managerial Accounting Using Excel for Success
Reeve/Warren
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10 Received credit of $84 from Robert & Co. for a damaged bat that was returned.11 Purchased cricket shoes from Niki Sports for cash $1260.11 Paid Robert & Co. amount due.14 Purchased shirts and shorts from Cash’s Sportswear $1050, FOB shipping point, terms 2/7, n/60.15 Received cash refund of $105 from Niki Sports for damaged inventory that was returned.17 Paid freight on Cash’s Sportswear purchase $63.Oct. 18 Sold inventory $1680, terms n/30.20 Received $1050 in cash from customers in settlement of their accounts.20 Paid Cash’s Sportswear amount due.27 Granted credit of $63 for clothing that did not fit.30 Sold inventory to customers $1890, terms n/30.30 Customers paid amounts owing on accounts, $1050.The chart of accounts for Kids Sportstore Ltd includes Cash, Accounts Receivable, Inventory,Accounts Payable, Share Capital, Sales, Sales Returns and Allowances, Purchases, PurchaseReturns and Allowances, Discount Received, and Freight-in.(a) Journalise the October transactions using a periodic inventory system
We have textbook solutions for you!
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Financial and Managerial Accounting Using Excel for Success
The document you are viewing contains questions related to this textbook.
Chapter 5 / Exercise EX 5–39
Financial and Managerial Accounting Using Excel for Success
Reeve/Warren
Expert Verified

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