Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 347 Weeks Ago, 4 Days Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 01 May 2017 My Price 5.00

Mather Company made a purchase of merchandise

1) Rasner Co. returned defective goods costing $3,000 to Markum Company on March 19, for credit. The goods were purchased April 10, on credit, terms 3/10, n/30. What is the entry by Rasner Co. on April 19, in receiving full credit?


2) Mather Company made a purchase of merchandise on credit from Underwood Company on August 8,for $9,000, terms 3/10, n/30. On August 17, Mather makes the entry on August 17 for Mather Company is


3) On July 9, Neal Company sells goods on credit to Al Dolan for $2,500, terms 1/10, n/60. Neal receives payment on July 18. The entry by Neal on July 18 is:

a. Cash....................................… 2,500
Accounts Receivable..............................… 2,500

b. Cash....................................… 2,500
Sales Discounts ........................................… 25
Accounts Receivable..............................…

c. Cash....................................…
Sales Discounts ........................................…
Accounts Receivable..............................…

d. Cash....................................… 2,525
Sales Discounts ........................................… 25
Accounts Receivable..............................…

Answers

Alpha Geek
(8)
Status NEW Posted 01 May 2017 04:05 PM My Price 5.00

-----------

Attachments

file 1493655286-answer1.docx preview (158 words )
R-----------asn-----------er -----------Co.----------- re-----------tur-----------ned----------- de-----------fec-----------tiv-----------e g-----------ood-----------s c-----------ost-----------ing----------- $3-----------,00-----------0 t-----------o M-----------ark-----------um -----------Com-----------pan-----------y o-----------n M-----------arc-----------h 1-----------9, -----------for----------- cr-----------edi-----------t. -----------The----------- go-----------ods----------- we-----------re -----------pur-----------cha-----------sed----------- Ap-----------ril----------- 10-----------, o-----------n c-----------red-----------it,----------- te-----------rms----------- 3/-----------10,----------- n/-----------30.----------- Wh-----------at -----------is -----------the----------- en-----------try----------- by----------- Ra-----------sne-----------r C-----------o. -----------on -----------Apr-----------il -----------19,----------- in----------- re-----------cei-----------vin-----------g f-----------ull----------- cr-----------edi-----------t?2-----------) M-----------ath-----------er -----------Com-----------pan-----------y m-----------ade----------- a -----------pur-----------cha-----------se -----------of -----------mer-----------cha-----------ndi-----------se -----------on -----------cre-----------dit----------- fr-----------om -----------Und-----------erw-----------ood----------- Co-----------mpa-----------ny -----------on -----------Aug-----------ust----------- 8,-----------for----------- $9-----------,00-----------0, -----------ter-----------ms -----------3/1-----------0, -----------n/3-----------0. -----------On -----------Aug-----------ust----------- 17-----------, M-----------ath-----------er -----------mak-----------es -----------the----------- en-----------try----------- on----------- Au-----------gus-----------t 1-----------7 f-----------or -----------Mat-----------her----------- Co-----------mpa-----------ny -----------is3-----------) O-----------n
Not Rated(0)