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What are the three columns in cash book?

Column one is used to record the sale of merchandise column two is used to record the return of merchandise column three is used to record the balance of cash in the cash book


How much money does arsenal make on merchandise?

how much does arsenal make on merchandise?


When a buyer returns merchandise purchased for cash the buyer may record th transaction using?

when a buyer returns merchandise purchased for cash, the buyer may record the transaction using the following entry


The entry to record the return of merchandise from a customer would include what?

debit to sales


The adjustment to record inventory shrinkage would increase merchandise inventory?

yes


When a buyer returns merchandise purchased for cash the buyer may record the transaction using the following entry?

debit cash; credit merchandise inventory


What are the journal entries a merchandising organization would use to record the purchase and subsequent sale of merchandise?

Merchandising, Recording Purchases of Merchandise, Recording Sales of Merchandise, Income Statement Presentation Operations, and Evaluating Profitability.


Sales record for super bowl merchandise?

Aproximatly in the upwards of hundreds of millions if not billions of dollors


What is the journal entry to record sale of merchandise?

Debit accounts receivable / cash / bankCredit sales revenue


How much do punk bands make a year?

It all depends on very many things. What record company you get signed to, how many people like your stuff and buy your CD's/merchandise, it all depends.


Merchandise is sold for cash The selling price of the merchandise is 3000 and the sale is subject to a 7 state sales tax The journal entry to record the sale would include?

A debit to Cash for $3,000.


In which special journal would a purchase of merchandise for cash be recorded?

A company that uses special journals should record a transaction involving the purchase of merchandise for cash ia a: Answer: Cash Payments Journal