Horngren's Accounting: The Managerial Chapters (12th Edition) (loose Leaf Version)

12th Edition

ISBN: 9780134486826

Author: MILLER-NOBLES, Tracie L.; Mattison, Brenda L.; Matsumura, Ella Mae

Publisher: PEARSON

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Textbook Question

Chapter 5, Problem E5.21E

E5-21 Journalizing sales transactions Chapter 5, Problem E5.21E, E5-21 Journalizing sales transactions Learning Objective 3 Jan. 4 Sold $16,000 of antiques on

Learning Objective 3
Jan. 4 Sold $16,000 of antiques on account, credit terms ore n/30 Cost of goods is $8,000.
8 Received) SJOO sales return on damaged goods from the customer. Cost of goods damaged is $1$0.
13 Antique Mall received payment from the customer on the amount due from Jan. 4, less the return,
20 Sold $4,900 of antiques on account, credit terms are 1/10, n/45, FOB destination. Cost of goods is $2,450.
20 Antique Mall paid $70 on freight out,
29 Received payment from the customer on the amount due from Jan. 20, less the discount.

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Chapter 5, Problem E5.20E

Chapter 5, Problem E5.22E

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