Jan 5 Received $800 from a client for auto repair, receipt 250 in general jounal
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- Please show all the work.Simon got an invoice dated on May 2nd with an amount of $2,150.00 and the terms are 4/15, n/30 ROG. The goods were received on May 14th, and Simon paid on May 25th, so how much should he pay? O a. $1,827.50 O b. $2,064.0O O c. $2,236.00 O d. $2,150.00 Type here to search 24 ASUSThe owner, F. Ferdy, drew a cheque for personal use, R4 000. discount on normal tariffs. Received their cheque for the payment of six Wednesdays. Reccived R400 trom P. Jafta,one of the clients, for renting a small office at Ferdy's Car Wash. Ferdy's Car Wash Tariffs Wash Only R40 Wash & Vacuum R50 Wash, Vacuum & Polish R75 Enter the following transactions of the business into the correct journals. Use your own document numbers where they are not provided. 2000 July Received cash from Mr Sing and Mrs Botha for the washing of their vehicles. Mrs Botha also had her car vacuumed. Receipt 25 and 26 were issued respectively. A client had his car washod, vacuumed and polished. He paid cash. Cashed cheque no. 320 for R3 000 to pay staff wages. Issued a cheque to Wishy-Washy for spenges and brushes, RI 000 and for car shampoo, R700. A elient, Mr G. Mfaba, who washes his car every Moaday, paid for five days. Issued a cheque to Bubbles for a stock of car shamp00, R3 200. Mrs Jansen paid for four…
- The following terms appeared on an invoice dated May 20, sent by a manufacturer to a retail store: 2/10, net 30. The amount of the invoice was $2,000. Assuming the retailer paid the invoice on May 30 (10 days after the products were delivered), how much should he have paid?On May 1, a petty cash fund was established for $200. The following vouchers were issued during May. Date Voucher Purpose Amount May 1 1 Office supplies $ 3.00 3 2 Birthday gift for office worker (misc. exp.) 15.00 5 3 Mileage reimbursement 5.00 7 4 Postage due 2.00 8 5 Office supplies 4.00 11 6 Donation—Goodwill (contribution exp.) 10.00 15 7 Telephone call (telephone exp.) 5.00 21 8 Mileage reimbursement 11.00 23 9 Withdrawal by owner (Carla Sanchez) 20.00 25 10 Postage due 3.50 26 11 Office supplies 17.00 28 12 Copier repair (misc. exp.) 18.50 Required: 1. Prepare the journal entry to establish the petty cash fund on May 1. 2. Record the vouchers in the petty cash record. Total and rule the petty cash record. 3. Prepare the journal entry to replenish the petty cash fund. Make…A man received an invoice for washing machine for $455 dated April 17, with a sales term of 2/10 EOM. How much should he pay if he pay if he pays bill on April 28?
- April 29 Received Cash from client for merchandise amounting to 2,050. 1. What is the entry for this and why?Prisha received an invoice for $5,000 that had payment terms of 3/5 n/30. She made a partial payment of $2,000 during the discount period. a. Calculate the amount credited. Round to the nearest cent b. Calculate the balance on the invoice after the partial payment was made.Please help me
