When posting the sales journal are

Assignment Help Accounting Basics
Reference no: EM132779238

Problem 1: The general ledger accounts used when posting the sales journal are?

A. Sales discounts, sales returns and allowances, sales revenue, and accounts receivable

B. sales returns and allowances, sales revenue, accounts receivable, and cost of goods sold

C. cash, sales revenue, accounts receivable, and inventory

D. sales revenue, cost of goods sold, inventory, and accounts receivable

Reference no: EM132779238

Questions Cloud

What the total factory overhead cost variance is : What the total factory overhead cost variance is? Standard fixed factory overhead rate $1.20 per labor hour. Actual hourly labor rate $18.10
Strategic management in healthcare : In your opinion, can HSAs be aligned to the expectations of all these groups?
Compute the average cost per unit for material a : Assuming a weighted average method of process costing, compute the average cost per unit for Material A. Started this cycle 2,000 units
Hipaa and codes of ethics : The situation. Healthcare providers need access to patient personal health information wherever patients are present for care.
When posting the sales journal are : The general ledger accounts used when posting the sales journal are? Sales discounts, sales returns and allowances, sales revenue, and accounts receivable
Which can be redeemed for store merchandise : Piccadilly, Inc. sells gift cards which can be redeemed for store merchandise. These cards expire one year after their issuance. About Piccadilly's gift cards
How much is the interest revenue reported : Churva's accounting period ends on December 31. How much is the interest revenue reported in the statement of comprehensive income
Pros and cons of such programs as deming and six sigma : Explain the evolution of and the pros and cons of such programs as Deming and Six Sigma.
Which dockery recorded correctly : Dockery was only able to recover £50 out of the £1,100 owed by the customer. As a result of this transaction, which Dockery recorded correctly

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