Goods in the receiving department, returned by customer, in good condition 18,750.00 Goods ordered and in the receiving department, invoice not received 150,000.00 Goods ordered, invoice received but goods not received. Freight paid by seller 112,500.00 Goods shipped today, invoice mailed, FOB shipping point 93,750.00 Goods shipped today, invoice mailed, FOB shipping destination 55,000.00 Goods currently being used for window display 75,000.00 Goods in the counter for sale 300,000.00 Goods in the receiving department, refused by us because of damage 67,500.00 Goods included in count, damaged and unsalable 18,750.00 Goods in the shipping department 101,250.00 46. How much is the additional adjustment to the balance? A.P 500,000. B.P 600,000. C.P 700,000. D. P 800,000.

Goods in the receiving department, returned by customer, in good condition 18,750.00 Goods ordered and in the receiving department, invoice not received 150,000.00 Goods ordered, invoice received but goods not received. Freight paid by seller 112,500.00 Goods shipped today, invoice mailed, FOB shipping point 93,750.00 Goods shipped today, invoice mailed, FOB shipping destination 55,000.00 Goods currently being used for window display 75,000.00 Goods in the counter for sale 300,000.00 Goods in the receiving department, refused by us because of damage 67,500.00 Goods included in count, damaged and unsalable 18,750.00 Goods in the shipping department 101,250.00 46. How much is the additional adjustment to the balance? A.P 500,000. B.P 600,000. C.P 700,000. D. P 800,000.

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Description: Goods in the receiving department, returned by customer, in goodcondition18.750.00Goods ordered and in the receiving department, invoice notreceived150,000.00Goods ordered, invoice received but goods not received. Freightpaid by seller112,500.00Good

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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