Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 5 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 08 May 2018 My Price 4.00

Snow supply

EXERCICE 1: on September 1, Snow supply had an 15 backpacks at a cost of each. The company uses a of following transactions inventory system. During the and events occurred.(assuming a perpetual inventory system) Sept. 4 Purchased 50 backpacks at $25 each from Jenks, terms 2/10, n/30. Sept. 6 Received credit of $150 for the return of 6 backpacks purchased on Sept. 4 that were defective. Sept. 9 sold 30 backpacks for $35 each to McGill Books, terms 2/10, n/30. Sept. 13 sold 15 backpacks for $35 each to Calvin Office Supply, terms n/30. Sept. 14 Paid Jenks in full, less discount. Instructions 1- Journalize the September transactions for Snow Supply. 2- Compute the cost of goods sold .(assumingbeginning inventory $2100 & ending inventory $1500) On September 1, Snow supply had an inventory of 15 backpacks at a cost of $25 each. The company uses a perpetual inventory system. During September, the following transactions and events occurred. (assuming a perpetual inventory system)

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Maurice Tutor
(5)
Status NEW Posted 08 May 2018 07:05 PM My Price 4.00

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