Reference no: EM13938147
RECORDING SALES
Sullivan Company sells industrial cleaning supplies and equipment to other businesses. During the first quarter of 2009, the following transactions occurred:
a. On January 10, Sullivan sold on credit 50 cases of paper towels to the WMT Manufacturing Company at a list price of $800 for the entire lot of 50 cases.
b. On January 14, West Side Mall Corporation purchased on credit from Sullivan two floor polishers at a list price of $150 each and 10 cases of nonskid wax at a list price of $50 per case.
c. On January 16, West Side Mall returned to Sullivan four cases of the wax purchased on January 14.
d. On January 24, WMT paid Sullivan for its purchase of January 10.
e. Tom's Cleaning Service purchased on credit from Sullivan three cases of carpet shampoo at a list price of $64 per case on January 31.
f. On February 3, West Side Mall paid Sullivan for its purchase less the wax returned on January 16.
g. Tom's Cleaning Service paid Sullivan for its purchase of January 31 on February 10.
h. WMT returned to Sullivan a case of oversize paper towels on February 16. Sullivan credited WMT's account.
Required:
Prepare Sullivan's journal entries to record each of these transactions.
|
Outline of the strategic business issue
: Outline of the strategic business issue - contextualised within the organisational setting, including an overview of relevant strategic decisions that led to the current position (discussed through relevant literature, tools and techniques).
|
|
Provide the journal entries for sims to record the sales
: Provide the journal entries for Sims to record the sales in a and b. Provide the journal entry to record Lauber's payment in c. Provide the journal entry to record Lauber's payment in d.
|
|
Build a standard ad-as diagram
: Now show the effect of an expansionary Monetary Policy, again with the animated curves running in correct sequence and explained briefly with textboxes. What is the level of output and the price level in the Medium Run?
|
|
What is the function of the objective lens
: Working Distance of the objective lenses is the distance between the tip of that objective and the speciment being viewed. Based on these information, which objective lenses give you the longest working distance? Why is the microscope called the c..
|
|
Prepare sullivans journal entries to record of transactions
: Sullivan Company sells industrial cleaning supplies and equipment to other businesses. Prepare Sullivan's journal entries to record each of these transactions.
|
|
Write about details of clinical nursing
: Write about details of Clinical Nursing, Clinical decision making and predictors of patient participation in nursing care.
|
|
Internal analysis of the firm
: Provide an internal analysis of the firm giving details of its current strategic position and tactics. You should also consider the resources and capabilities of the firm and how they impact upon the success or otherwise of the firm (Distinctivene..
|
|
Explain what the large amount of sales returns
: Explain what the large amount of sales returns and allowances suggest that Bill Slick might have done. Determine how Yancy could protect itself from a manager who behaved as Bill Slick did.
|
|
Gulf of evaluation and gulf of execution
: Explain how the two metaphors - conversation and direct-manipulation can be used to bridge the gulf of evaluation and gulf of execution. Illustrate with examples for each.
|