Exam B Question 11 Of 12 1 View Policies Current Attempt In Progress 2 3 Information Related To Flint Co Is Presen 1 (37.14 KiB) Viewed 5 times
Exam B Question 11 Of 12 1 View Policies Current Attempt In Progress 2 3 Information Related To Flint Co Is Presen 2 (30.41 KiB) Viewed 5 times
Exam B Question 11 Of 12 1 View Policies Current Attempt In Progress 2 3 Information Related To Flint Co Is Presen 3 (31.05 KiB) Viewed 5 times
> EXAM B Question 11 of 12 1. View Policies Current Attempt in Progress 2. 3. Information related to Flint Co, is presented below. 4. 5. B (a) B No. < 1 NWP A willy.com Prepare the journal entries to record these transactions on the books of Flint Co. under a perpetual inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation D On April 5, purchased merchandise on account from Metlock Company for $27,300, terms 2/10, net/30, FOB shipping point. On April 6, paid freight costs of $830 on merchandise purchased from Metlock. On April 7, purchased equipment on account for $32,800. On April 8, returned $6,800 of merchandise to Metlock Company. On April 15, paid the amount due to Metlock Company in full. -/15 = ! Debit Credit [15 Question 11 of 12 1. No. 2. 3. + 5. Date : 47 47 < Account Titles and Explanation Debit -/15 E Credit Question 11 of 12 (b) < May 4 Assume that Flint Co. paid the balance due to Metlock Company on May 4 instead of April 15. Prepare the journal entry to record this payment. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation > eTextbook and Media List of Accounts Save forater Debit -/15 Credit Attempts: 0 of 1 used Submut Answer
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