Nestleacute a switzerland-based company uses a sales

Assignment Help Accounting Basics
Reference no: EM13574405

Nestlé, a Switzerland-based company, uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. All amounts in millions of Swiss franc, CHF.
1. Nestlé purchased CHF 8,000 of merchandise on credit from the suppliers.
2. Nestlé sold CHF 100,000 of merchandise on credit to customers.
3. A key customer returned CHF 900 of merchandise to Nestlé.

Journalize the Nestlé transactions that should be recorded in the general journal.

Reference no: EM13574405

Questions Cloud

Suppose 12 of these workers more than 48 hours based on : a national study has determined that people who work full time average 43.4 hours worked per week. assume that the
Your client says with the unrealized gains in my portfolio : your client says with the unrealized gains in my portfolio i have almost saved enough money for my daughter to go to
Pe ratio wilson corporation anticipates a 10 percent growth : pe ratio. wilson corporation anticipates a 10 percent growth in net income and dividends.next year the company expects
Suppose that in a certain population of married couples 30 : heres the question suppose that in a certain population of married couples 30 of the husbands smoke 20 of the wives
Nestleacute a switzerland-based company uses a sales : nestleacute a switzerland-based company uses a sales journal a purchases journal a cash receipts journal a cash
On the basis of your statement in part 1 draft a brief memo : peoria corp. just completed another successful year as indicated by the following income
What is the price per share of avalanche skis inc stock : growth opportunities - the annual earnings of avalanche skis inc. will be 7 per share in perpetuity if the firm makes
Rights per share mason corporation intends to raise 15 : rights per share. mason corporation intends to raise 1.5 million in a rights offering. at present there are 240000
The average number of field mice per acre in a 5-acre wheat : the average number of field mice per acre in a 5-acre wheat field is estimated to be 12. find the probability that

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd