This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Singh Company received payment in full within the credit period for goods sold for $400 plus 13% ... (Read 176 times)

notis

  • Hero Member
  • *****
  • Posts: 596
on: Nov 11, 2019
Singh Company received payment in full within the credit period for goods sold for $400 plus 13% HST. Terms of the sale were n/30. Which entry records this transaction?
◦ Debit Cash, $452, credit Accounts Receivable, $452
◦ Debit Cash, $400, credit Accounts Receivable, $400
◦ Debit Accounts Receivable $420, credit Sales, $420
◦ Debit Cash, $452, credit Sales, $452
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by notis on Nov 11, 2019

katara

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


notis

  • Member
  • Posts: 596
Reply 2 on: Nov 11, 2019
Excellent

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Hang the canister from the vehicle’s hood and adjust the air pressure regulator to full OPEN ... Hang the canister from the vehicle’s hood and adjust the air pressure regulator to full OPEN ...
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
40th Week pregnancy period baby 40th Week pregnancy period baby
Embryonic Period Embryonic Period
Embryonic Period - organogenesis Embryonic Period - organogenesis
Beethoven - Moonlight Sonata (FULL) Beethoven - Moonlight Sonata (FULL)
Video: Resting membrane potential - electrical polarity and maintenance requirements

For a complete list of videos, visit our video library