Transactions for the month of March, 200x: March 1 Purchase on account, P580,000; terms: 2/10; n/30. F.O.B., Shipping point, freight prepaid, P1,800. March 2 Sold Merchandise on account, P650,000; terms: 10; 5/15, n/30. F.O.B., shipping point, freight prepaid, P20.000. March 15 Paid 15th month salary, P150,000 March 16 Collected sales on March 2. March 20 Paid purchases made on March 1. March 22 Sold goods for cash to various customers, P400,000. March 23 Received sales returns, P20,000 from various customers. March 26 Sold goods on account, P500,000. F.O.B., destination, freight prepaid, P10,000. requirements: make an adjusting entries and trial balance and Income statement. **ANYTHING will help!!! THANKS!
March 1 Purchase on account, P580,000; terms: 2/10; n/30. F.O.B., Shipping point, freight prepaid, P1,800. Dr Merchandise inventory (MI) P581,800 Cr Accounts payable (AP) P581,800 March 2 Sold Merchandise on account, P650,000; terms: 10; 5/15, n/30. F.O.B., shipping point, freight prepaid, P20.000. Dr Accounts receivable (AR) P670,000 Cr Sales P650,000 Cr Freight recovered P20,000 March 15 Paid 15th month salary, P150,000 Dr Salaries expense P150,000 Cr Cash P150,000 March 16 Collected sales on March 2. Dr Cash P637,500 Dr Sales discounts P32,500 Cr Opelika P670,000 March 20 Paid purchases made on March 1. Dr AP P581,800 Cr Cash P581,800 March 22 Sold goods for cash to various customers, P400,000. Dr Cash P400,000 Cr Sales P400,000 March 23 Received sales returns, P20,000 from various customers. Dr Sales returns and allowances P20,000 Cr Cash P20,000 March 26 Sold goods on account, P500,000. F.O.B., destination, freight prepaid, P10,000. Dr Opelika P500,000 Dr Delivery expense P10,000 Cr Sales P500,000
No I most likely wouldn't quit a job nor would I pass classes to move to a trial of a celeb. I've taken private time when a president dies - that will sound bizarre but i've the utmost respect and suppose it crucial to participate within the funeral carrier (even when gazing the service on tv). Only a bizarre quirk of mine. I think as you do. It can be ridiculous to move overboard on some of this stuff. Humans don't think in regards to the "long run outcome" of their moves. Anyway, RIP MJ. (I simply are not able to recover from this. You'd suppose the shock would put on off but it hasn't. Goodness.)
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