Information related to Bramble Co. Is presented below. 1. On April 5, purchased merchandise on account from Tamarisk Company for $41,700, terms 2/10, net/30, FOB shipping point. 2. On April 6, paid freight costs of $790 on merchandise purchased from Tamarisk. 3. On April 7, purchased equipment on account for $27,100. 4. On April 8, returned damaged merchandise to Tamarisk Company and was granted a $5,700 credit for returned merchandise. 5. On April 15, paid the amount due to Tamarisk Company in full.

Answers

Answer 1

Answer:

See below for the journals.

Step-by-step explanation:

Note: The instructions of the question are as follows:

Instructions

(a) Prepare the journal entries to record these transactions on the books of Bramble Co. using a periodic inventory system.

(b) Assume that Bramble Co. paid the balance due to Tamarisk Company on May 4 instead of April 15. Prepare the journal entry to record this payment.

The journal entries will look as follows:

(a) Prepare the journal entries to record these transactions on the books of Bramble Co. using a periodic inventory system.

Date       Details                                    Debit ($)         Credit ($)            

April 5    Inventory - merchandise        41,700

               Accounts Payable                                             41,700

               (To record the purchase of merchandise inventory on account from Tamarisk.)

April 6      Inventory                                     790

                Cash credit                                                          790

                 (To record the payment of freight costs on merchandise.)    

April 7       Equipment                              27,100

                 Accounts Payable                                            27,100

                 (To record the purchase equipment on account.)                      

April 8       Accounts Payable                    5,700

                  Inventory                                                            5,700

                  (To record the return of damaged merchandise to Tamarisk.)

April 15       Accounts Payable (w.1.)         36,000

                   Cash (w.3.)                                                       35,280

                   Inventory (discount) (w.2.)                                    720

                    (To record the payment of the amount due to Tamarisk Company in full.)

(b) Assume that Bramble Co. paid the balance due to Tamarisk Company on May 4 instead of April 15. Prepare the journal entry to record this payment.

Date       Details                                    Debit ($)         Credit ($)                

May 04  Accounts payable (w.1.)         36,000

              Cash                                                                 36,000

              (To record the payment of the amount due to Tamarisk Company in full.)

Working:

For the payment made on April 15, this implies the payment was made within 10 days and that Bramble Co. will enjoy 2% discount. Therefore, we have:

w.1. Accounts payable = Beginning inventory – Returns = $41,700 - $5,700 = $36,000

w.2. Discount = w.1. * 2% = $36,000 * 2% = $720

w.3. Cash = w.1. – w.2. = $36,000 - $720 = $35,280


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Let me know if that helps!

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a 2-page document! **

Answers

Answer:

VW = 31

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Consider the quadratic function y = 1/5(x - 2)2 + 5.
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Answer:

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Hi there!

[tex]\large\boxed{\text{ sum = 180(n - 2)}}[/tex]

This is the formula for finding the sum of interior angles for a polygon with a number of sides "n".

We can also prove this from the table:

Triangle ⇒ 3 sides: 180(3 - 2) = 180°

Quadrilateral ⇒ 4 sides: 180(4 - 2) = 360°

Pentagon ⇒ 5 sides: 180(5 - 2) = 540°

...And so forth. We can write this as for any polygon with "n" sides:

180(n - 2) = sum (°)

They addd up to getting the final answer

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Consider this equation.
sin()
4729
29
If 8 is an angle in quadrant IV, what is the value of cos();
OA.
OB.
4729
29
V377
29
4729
29
OC.
OD
V377
29

Answers

Answer:

377/29

Step-by-step explanation:

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For the given value of sin, the value of cosΘ will be 0.73.

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A right-angle triangle's sides, angles, and relationship to each other are the subject of the mathematical discipline of trigonometry. The pair ratio of a right-angled triangle is known as the trigonometric ratio.

It is given that, sinΘ= -4√29 / 29

Θ=sin⁻¹(-4√29 / 29)

Θ= -0.74

The value of cosΘ is obtained as,

=cosΘ

=cos( -0.74)

=0.73

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Elana gets on a horse 15 feet from the center of a
merry-go-round. She travels 288° around the circle,
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Answers

B sorry if i’m wrong btw

Answer:

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Step-by-step explanation:

Got it right on edge

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