Fix the wrong one in red WileyPLUSNew Tabi edugen.wileyplus.com/edugen/student/mainfr.uniApps M GmailO YouTube R MapsWelcome, Joseph -.O New Tabignment > Open AssignmentCALCULATORFULLAssume that on September 1, Ofice Depot had an inventory that included a variety of calculators. The company uses a perpetual inventetransactions occurred.SSIGNMENT RESOURCESChapter 5 HomeworkBrief Exercise 5-01Exercise S-03Brief Exercise 5-05Exercise 5-04Exercise 5-02Exercise S-11Exercise 5-06Brief Exercise S-03Sept. 6Purchased calculators from Wildhorse Co. at a total cost of $1,680, terms n/30.Paid freight of $60 on calculators purchased from Wildhorse Co.10 Returned calculators to Wildhorse Co. for $65 credit because they did not meet specifications.Sold calculators costing $520 for $670 to Fryer Book Store, terms n/30.Granted credit of $35 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $22.20 Sold calculators costing $540 for $7do to Heasley Card Shop, terms n/30.1214Journalize the September transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the preReview ScoreReview Results by StudyObjectiveDateAccount Titles and ExplanationDebitCreditSept. 6Inventory1,680Accounts Payable1,680Sept. 9Inventory60Cash60Sept. 10Accounts Payable65Sales Returns and AllowancesAccounts RecelvableO Homework 4 QuespdfO Homework 47A G. pdtType here to searchesc4+144@#244.&2.3.5.6.8.6.WERT.Ytabos lockADJKVM.

A journal entry is a record of the business transactions in the accounting books of a business. A…

Answered: Fix the wrong one in red

Fix the wrong one in red

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Complete this question by entering your answers in the tabs below. Analysis Analysis Bal Sheet Inc Stmt Prepare a vertical analysis of an income statements for Year 4 and Year 3. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) Revenues Sales (net) Other revenues Total revenues Expenses Cost of goods sold FANNING COMPANY Vertical Analysis of Income Statements Year 4 Selling, general, and administrative expense Interest expense Income tax expense Total expenses Net income Amount $ 231,900 9,300 241,200 118,800 54,200 6,800 22,800 202,600 $ 38,600 Percentage of Total Analysis Bal Sheet % % Year 3 Amount $ 211,200 6,400 217,600 102,100 49,100 6,000 21,800 179,000 $ Percentage of Total % % 38,600 Analysis Inc Stmt > Show less
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