Test 2 Extra Credit - Opt X M MHE Reader ← → O f. 凸https://newconnect.mheducation.com/flow/connect.html Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 4 May 31 #8 155 Service charge 105 395 Cash (A) 600 1.66 points May 1 May 3 150110 110 200 120 115 6801125 3501155 May 3 #2 May 4 #3 May 8 #4 May 11 #5 May 21 #6 May 29 #7 May 30 #8 May 29 May 30 G € | Test 2 Extra Credit-Opt × MHE Reader HT How to Zoom in Internet Ex+ V O https://newconnect.mheducation.com/flow/connect.html Test 2 Extra Credit-Optional 6 Saved New window New InPrivate window 5 Zoom 75% + Requlred Information 1.66 [The following Information apples to the questions dlsplayed below.] Favorites points The transactions listed below are typical of those Involving Southern Sporting Goods (SSG) and Sports R Us (SRU). SSG IS a wholesale merchandiser and SRU Is a retall merchandiser. Assume all sales of merchandise from SSG to SRU are made with terms n/30, and the two companles use perpetual Inventory systems. Assume the following transactions between the two companies occurred In the order listed during the year ended December 31 Cast media to device Find on page Read aloud eBook a. SSG sold merchandise to SRU at a selling price of $215,000. The merchandise had cost SSG $130,000 b. Two days later, SRU complalned to SSG that some of the merchandise differed from what SRU had ordered. SSG Print agreed to glve an allowance of $4,500 to SRU. SRU also returned some sporting goods, which had cost SSG $21,000 and had been sold to SRU for $25,500 Print c. Just three days later SRU paid SSG, which settled all amounts owed Pin this page to the taskbar References Pin this page to Start 2 Prenare the iournal entries that SRII would record if no entry Is regulred for a transactlonlevent select "No lournal Fntry
Test 2 Extra Credit - Opt X M MHE Reader ← → O f. 凸https://newconnect.mheducation.com/flow/connect.html Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 4 May 31 #8 155 Service charge 105 395 Cash (A) 600 1.66 points May 1 May 3 150110 110 200 120 115 6801125 3501155 May 3 #2 May 4 #3 May 8 #4 May 11 #5 May 21 #6 May 29 #7 May 30 #8 May 29 May 30 G € | Test 2 Extra Credit-Opt × MHE Reader HT How to Zoom in Internet Ex+ V O https://newconnect.mheducation.com/flow/connect.html Test 2 Extra Credit-Optional 6 Saved New window New InPrivate window 5 Zoom 75% + Requlred Information 1.66 [The following Information apples to the questions dlsplayed below.] Favorites points The transactions listed below are typical of those Involving Southern Sporting Goods (SSG) and Sports R Us (SRU). SSG IS a wholesale merchandiser and SRU Is a retall merchandiser. Assume all sales of merchandise from SSG to SRU are made with terms n/30, and the two companles use perpetual Inventory systems. Assume the following transactions between the two companies occurred In the order listed during the year ended December 31 Cast media to device Find on page Read aloud eBook a. SSG sold merchandise to SRU at a selling price of $215,000. The merchandise had cost SSG $130,000 b. Two days later, SRU complalned to SSG that some of the merchandise differed from what SRU had ordered. SSG Print agreed to glve an allowance of $4,500 to SRU. SRU also returned some sporting goods, which had cost SSG $21,000 and had been sold to SRU for $25,500 Print c. Just three days later SRU paid SSG, which settled all amounts owed Pin this page to the taskbar References Pin this page to Start 2 Prenare the iournal entries that SRII would record if no entry Is regulred for a transactlonlevent select "No lournal Fntry
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
I dont understand how to record this
![Test 2 Extra Credit - Opt X M MHE Reader
← → O f. 凸https://newconnect.mheducation.com/flow/connect.html
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion.
Return to question
4
May 31 #8 155
Service charge 105
395
Cash (A)
600
1.66
points
May 1
May 3
150110
110
200
120
115
6801125
3501155
May 3 #2
May 4 #3
May 8 #4
May 11 #5
May 21 #6
May 29 #7
May 30 #8
May 29
May 30
G
€
| Test 2 Extra Credit-Opt ×
MHE Reader
HT
How to Zoom in Internet Ex+
V
O
https://newconnect.mheducation.com/flow/connect.html
Test 2 Extra Credit-Optional 6
Saved
New window
New InPrivate window
5
Zoom
75% +
Requlred Information
1.66
[The following Information apples to the questions dlsplayed below.]
Favorites
points
The transactions listed below are typical of those Involving Southern Sporting Goods (SSG) and Sports R Us (SRU). SSG IS
a wholesale merchandiser and SRU Is a retall merchandiser. Assume all sales of merchandise from SSG to SRU are made
with terms n/30, and the two companles use perpetual Inventory systems. Assume the following transactions between the
two companies occurred In the order listed during the year ended December 31
Cast media to device
Find on page
Read aloud
eBook
a. SSG sold merchandise to SRU at a selling price of $215,000. The merchandise had cost SSG $130,000
b. Two days later, SRU complalned to SSG that some of the merchandise differed from what SRU had ordered. SSG
Print
agreed to glve an allowance of $4,500 to SRU. SRU also returned some sporting goods, which had cost SSG $21,000
and had been sold to SRU for $25,500
Print
c. Just three days later SRU paid SSG, which settled all amounts owed
Pin this page to the taskbar
References
Pin this page to Start
2 Prenare the iournal entries that SRII would record if no entry Is regulred for a transactlonlevent select "No lournal Fntry](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F42c8b022-f654-46e0-94d7-15aa25a790ba%2F44ead719-f17d-42a7-9025-a3cfb1f63c0f%2Fhpvfvws.png&w=3840&q=75)
Transcribed Image Text:Test 2 Extra Credit - Opt X M MHE Reader
← → O f. 凸https://newconnect.mheducation.com/flow/connect.html
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion.
Return to question
4
May 31 #8 155
Service charge 105
395
Cash (A)
600
1.66
points
May 1
May 3
150110
110
200
120
115
6801125
3501155
May 3 #2
May 4 #3
May 8 #4
May 11 #5
May 21 #6
May 29 #7
May 30 #8
May 29
May 30
G
€
| Test 2 Extra Credit-Opt ×
MHE Reader
HT
How to Zoom in Internet Ex+
V
O
https://newconnect.mheducation.com/flow/connect.html
Test 2 Extra Credit-Optional 6
Saved
New window
New InPrivate window
5
Zoom
75% +
Requlred Information
1.66
[The following Information apples to the questions dlsplayed below.]
Favorites
points
The transactions listed below are typical of those Involving Southern Sporting Goods (SSG) and Sports R Us (SRU). SSG IS
a wholesale merchandiser and SRU Is a retall merchandiser. Assume all sales of merchandise from SSG to SRU are made
with terms n/30, and the two companles use perpetual Inventory systems. Assume the following transactions between the
two companies occurred In the order listed during the year ended December 31
Cast media to device
Find on page
Read aloud
eBook
a. SSG sold merchandise to SRU at a selling price of $215,000. The merchandise had cost SSG $130,000
b. Two days later, SRU complalned to SSG that some of the merchandise differed from what SRU had ordered. SSG
Print
agreed to glve an allowance of $4,500 to SRU. SRU also returned some sporting goods, which had cost SSG $21,000
and had been sold to SRU for $25,500
Print
c. Just three days later SRU paid SSG, which settled all amounts owed
Pin this page to the taskbar
References
Pin this page to Start
2 Prenare the iournal entries that SRII would record if no entry Is regulred for a transactlonlevent select "No lournal Fntry
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