Tanger, Inc. uses the Gross Method

Ace your studies with our custom writing services! We've got your back for top grades and timely submissions, so you can say goodbye to the stress. Trust us to get you there!


Order a Similar Paper Order a Different Paper

questioning answers on 93, 94, and 95 please…Tanger, Inc. uses the Gross Method and purchased $10,000 worth of goods on account with an available discount of 3/15, n. 60. If payment is made 6 days after the purchase date the journal entry for the payment will includeSelect one: a. a credit to accounts payable for $10,000 b. a credit to Cash for $10,000 c. a debit to Accounts Payable for $9,700 d. a credit to Cash for $9,700Tanger, Inc. uses the Gross Method and purchased $10,000 worth of goods on account with an available discount of 3/15, n. 60. If payment is made 30 days after the purchase date the journal entry for the payment will includeSelect one: a. a credit to accounts payable for $10,000 b. a credit to Cash for $10,000 c. a debit to Accounts Payable for $9,700 d. a credit to Cash for $9,700Beezus, Inc. sold merchandise for $1,000 on account; the items cost $500. The journal entry for the sale will includeSelect one: a. a debit to Revenue for $1,000 b. a debit to Cost of Goods Sold for $1,000 c. a credit to Revenue for $500 d. a debit to Cost of Goods Sold for $500

Writerbay.net

Looking for top-notch essay writing services? We've got you covered! Connect with our writing experts today. Placing your order is easy, taking less than 5 minutes. Click below to get started.


Order a Similar Paper Order a Different Paper