Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 01 Apr 2018 My Price 6.00

Oriole Company

Question 1

 

Record the following transactions on the books of Oriole Company (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

 

(a)   On July 1, Oriole Company sold merchandise on account to Stacey Inc. for $22,700, terms 4/10, n/30.
(b)   On July 8, Stacey Inc. returned merchandise worth $2,200 to Oriole Company.
(c)   On July 11, Stacey Inc. paid for the merchandise.

 

No.

Date

Account Titles and Explanation

Debit

Credit
(a)

July 1July 8July 11

   

(b)

July 1July 8July 11

   

(c)

July 11

   

Answers

Maurice Tutor
(5)
Status NEW Posted 01 Apr 2018 07:04 PM My Price 6.00

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