Pure Taste Company had $2,500 of store supplies on hand at the beginning of 2022. During 2022 Pure Taste purchased $300 worth of store supplies. On December 31, 2022, $1,125 worth of store supplies remained. What is the amount of BioVert Company's store supplies expense for 2022? Please don't give image based answer..thanku

Pure Taste Company had $2,500 of store supplies on hand at the beginning of 2022. During 2022 Pure Taste purchased $300 worth of store supplies. On December 31, 2022, $1,125 worth of store supplies remained. What is the amount of BioVert Company's store supplies expense for 2022? Please don't give image based answer..thanku

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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C3.3
Ms Nihal Purchased headsets for her business on 1st October worth RO 1500. On 1st November, 2020 she purchased additional headsets of RO 2000. At the end of the accounting period, she found that there are supplies worth RO 2000. What are the supplies and Supply expense at the end of the accounting period?(31st December 2020) a. RO 1500 and RO 1000 b. RO 2000 and RO 1500 c. RO 1000 and RO 150 d. RO 1500 and RO 2000
36) BigB furn mart has the opening inventory of RO 34,600, purchases of RO 52,800, purchase discount of RO 2,400, purchases return and allowances of RO 3,600, Transportation In of RO 1,350, sales discount of RO 900 and closing inventory of RO 48,500 for the year ended 2019. Calculate the Cost of goods sold of BigB furn mart for the year 2019? a. RO 48,150 b. RO 62,050 c. RO 34,250 d. RO 35,150
(The following information applies to the questions displayed below] Toys "R" Us sells a variety of children's toys, games, books, and accessories. Assume that a local store has the following amounts for the month of March 2021. Sales revenue Advertising expense Rent expense Gain on sale of building Inventory (Mar. 1, 2021) Cost of goods sold $75, see 6,00e 3,900 7,100 2,600 Inventory (Mar. 31, 2021) Insurance expense Sales discounts Salaries expense Income tax expense $1,100 2,100 2,800 9,000 3,800 35,600 Required: 1. Prepare a multiple-step income statement for the month ended March 31, 2021. TOYS "R" US Multiple step Income Statement For the month of March 2021 Net sales Total sales revenue Net sales revenue
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Jericho Swings purchased 3 swing sets from Playscapes Manufacturing for $1,000 a piece on June 1, 2020. Jericho sold one of the swing sets for $1,500 dollars cash on July 5, 2020. Jericho uses the perpetual inventory method. Record the July 5th sale of the swing set. Debit choose your answer... type your answer... Credit choose your answer... type your answer... AND Debit choose your answer... type your answer... Credit choose your answer... type your answer...
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