Top Posters
Since Sunday
e
5
e
4
4
d
4
o
3
p
3
t
3
3
m
3
p
3
m
3
f
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
LiChan LiChan
wrote...
Go to Answer
Posts: 558
Rep: 0 0
7 years ago
On August 7, AJ Construction purchased building materials for $10,000 on account, terms 2/10, net 30 days. The order shipped FOB destination, $150 freight. What is the journal entry to record payment of the invoice dated August 8 and paid on August 17?
A) Cash   9,800
   Raw materials inventory   9,800
B) Accounts payable   10,150
   Cash   9,950
   Raw materials inventory   200
C) Accounts payable   10,000
   Cash   9,800
   Raw materials inventory   200
D) Accounts payable   10,150
   Cash   10,150
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
Read 105 times
3 Replies
Replies
Answer verified by a subject expert
suryoyosuryoyo
wrote...
#1
Top Poster
Posts: 591
Rep: 5 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Thumbs up me, please!

Related Topics

LiChan Author
wrote...
#2
7 years ago
Wow!
wrote...
#3
7 years ago
Thanks for the feedback
Thumbs up me, please!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1012 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 349
  
 1630
  
 387
Your Opinion
What's your favorite funny biology word?
Votes: 334
Previous poll results: Do you trust social media networks with protecting your privacy?