WebReceived a credit memorandum for the return of faulty merchandise purchased on December 4 for Php600. g. Paid freight charges of Php200 for merchandise ordered last month. (FOB shipping point). h. Paid for the merchandise purchased December 4 less the portion that was returned. i. Sold merchandise on credit for Php7,000, terms 2/10, n/30. WebBusiness Accounting E6.11 (LO 2, 3) An inexperienced accountant for Zoeng Ceramics made the following errors in recording merchandising transactions. Prepare correcting entries for sales and purchases. 1.A HK$1,750 refund to a customer for faulty merchandise was debited to Sales Revenue HK$1,750 and credited to Cash HK$1,750.
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WebEach water bottle costs $4 to produce. In 2013, the company sold 25,000 water bottles. Record the amount of warranty expense that the company should record for 2013. To record the warranty expense, we need to know three things: units sold, the percentage that will be replaced within the warranty period, and the cost of replacement. WebJul 15, 2024 · The Reddit post contains a long list of players who’ve alleged issues with Fall Guys’ in-game shop, and the thread goes on to offer a wide variety of warnings. … the twilight zone episodes wiki
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Web1. answer below ». An inexperienced accountant for Blaufuss Company made the following errors in recording merchandising transactions. 1. A $175 refund to a customer for faulty merchandise was debited to Sales $175 and credited to Cash $175. 2. A $180 credit purchase of supplies was debited to Merchandise Inventory $180 and credited to Cash … WebNov 18, 2024 · A $175 refund to a customer for faulty merchandise was debited to Sales $175 and credited to Cash $175. 2. A $160 credit purchase... Posted 2 years ago. View Answer Q: Ex. 207 An inexperienced accountant for Lamont Company made the following errors in recording merchandising transactions. 1.A $220 refund to a customer for faulty … WebOct 18, 2009 · The first step you should take is to contact the merchant and attempt to resolve the dispute directly. The merchant may well accept your complaint and work with you to reach a solution. If you're not getting anywhere by talking, your next step is to put your complaint in writing and send it to the merchant by certified mail. Keep a copy of ... sew tech embroidery hoops