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Author Question: Bruce's Jewelry bought 50 rings for $10 each on account. The invoice included 13% HST and payment ... (Read 72 times)

V@ndy87

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Bruce's Jewelry bought 50 rings for $10 each on account. The invoice included 13% HST and payment terms of 2/10, n/30. In addition, five rings were later returned prior to payment. The entry to record the purchase would include
◦ a debit to Accounts Payable for $565.00.
◦ a debit to Purchases for $565.00.
◦ a debit to Accounts Payable for $500.00.
◦ a debit to Purchases for $500.00.


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Marked as best answer by V@ndy87 on Nov 11, 2019

mjenn52

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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.
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V@ndy87

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Reply 2 on: Nov 11, 2019
YES! Correct, THANKS for helping me on my review


marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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