Rod Ramos Distributors is registered as a single proprietorship with DTI permit as Rodolfo Ramos. 1 Investment of 89,000 December 2 3 3 Bought supplies on cash 700 5 5 6 10 12 14 14 15 17 19 20 24 27 27 27 28 29 Bought merchandise on account from JBM Co. 46,700 2.05/9, n/30 Bought equipment on cash 11,500 30 Sold merchandise on account 52,439 3.05/7, n/30. Cost of Merchandise 44,678 Paid freight on December 5 sale 400 Received credit refund from JBM Co. 3,654.85 Collected to Customers Paid JBM Co. Bought Merchandise 44,605.85 Borrowed money to Security Bank with promissory note 43,000 Paid Salaries 4,000 Received cash refund from supplier 700 Bought merchandise 2/10, n/30 to CHED Co. 24,285 Paid Freight 1,000 on December 19 purchase Sold merchandise 28,445. Cost of Sales 24,558.75 Bought merchandise 16,564 cash Received cash from the business 5,825.75 Paid CHED partial 8,550 Made refund to customer 1,608.52 Sold merchandise 23,700 on account n/30. Cost of Sales 21,000. Paid the following: Advertising 6,000, Utilities 1,400, Rent 3,800 and Salaries 4,000

Rod Ramos Distributors is registered as a single proprietorship with DTI permit as Rodolfo Ramos. 1 Investment of 89,000 December 2 3 3 Bought supplies on cash 700 5 5 6 10 12 14 14 15 17 19 20 24 27 27 27 28 29 Bought merchandise on account from JBM Co. 46,700 2.05/9, n/30 Bought equipment on cash 11,500 30 Sold merchandise on account 52,439 3.05/7, n/30. Cost of Merchandise 44,678 Paid freight on December 5 sale 400 Received credit refund from JBM Co. 3,654.85 Collected to Customers Paid JBM Co. Bought Merchandise 44,605.85 Borrowed money to Security Bank with promissory note 43,000 Paid Salaries 4,000 Received cash refund from supplier 700 Bought merchandise 2/10, n/30 to CHED Co. 24,285 Paid Freight 1,000 on December 19 purchase Sold merchandise 28,445. Cost of Sales 24,558.75 Bought merchandise 16,564 cash Received cash from the business 5,825.75 Paid CHED partial 8,550 Made refund to customer 1,608.52 Sold merchandise 23,700 on account n/30. Cost of Sales 21,000. Paid the following: Advertising 6,000, Utilities 1,400, Rent 3,800 and Salaries 4,000

Name: PLEASE SHOW ME THE JOURNALIZING ENTRIES OF THE TRANSACTION ATTACHED DU
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Description: PLEASE SHOW ME THE JOURNALIZING ENTRIES OF THE TRANSACTION ATTACHED DURING PERPETUAL INVENTORY SYSTEM. THE 2ND PHOTO IS AN EXAMPLE Rod Ramos Distributors is registered as a single proprietorship with DTI permit as Rodolfo Ramos.1Investment of 89,000D

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter4: Accounting For Retail Operations

Section: Chapter Questions

Problem 4.1P: Purchase-related transactions The following selected transactions were completed by Epic Co. during...

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