Interested to Buy Any Domain ? << Click Here >> for more details...
Journalize the Following:
2. Monthly credit sales were $ 35,000
3. Received Cash receipt payments on Receivables in the
amount of $ 10,000.
4. Customers’ cheque in the amount of $ 100 bounces and
was re-deposited. Book both entries.
5. Material is bought on account for £ 100,000. The
exchange rate is Four pounds to One Dollar.
Then, later, merchandize is paid for. The exchange
rate is Five pounds to One Dollar.
Book both entries in Dollar when merchandize is
bought and when it was paid.
6. Materials worth $ 20,000 was purchased on account
and paid for with 1% discount. Book both entries.
7. Record the purchase of Direct Material on Account in
the amount of $ 20,000. Half of it was for stock and the
other half for a specific job order.
8. Record the disbursement of $ 1,000 raw material to
shop floor for use on specific job
- 0 Answers
- 2182 Views
- I also Faced
- E-Mail Answers
No Answer is Posted For this Question
Be the First to Post Answer
What is Compound Interest?
if my salary is 12000 per month how much i will get after deducting PF an ESI
define journal in one word
what is the difference between directors capital and current a/c
define accounting?
Is buy or sale trade will impact on Nov? Yes/No Please explain.
deduct deperection from land true or false
What is GR form ? what its use please give me a details of GR ?
what is difference among credit, loan, advance
What is the mean of capital in account
what is a difference between Sale as per return or sale as per book.. please explane it..
Explain what are the accounting events that are frequently involved in compound entries?
Audit 
