英语翻译On October 29,2007,Lobo Co.began operations by purchasin
来源:学生作业帮 编辑:作业帮 分类:英语作业 时间:2024/10/06 07:58:49
英语翻译
On October 29,2007,Lobo Co.began operations by purchasing razors for resale.Lobo uses the perpetual inventory method.The razors have a 90-day warranty that requires the company to replace any nonworking razor.When a razor is returned,the company discards it and mails a new one from Merchandise Inventory to the customer.The company's cost per new razor is $15 and its retail selling price is $75 in both 2007 and 2008.The manufacturer has advised the company to expect warranty costs to equal 7% of dollar sales.The following transactions and events occurred.
2007
Nov.11
Sold 70 razors for $5,250 cash.
30
Recognized warranty expense related to November sales with an adjusting entry.
Dec.9
Replaced 14 razors that were returned under the warranty.
16
Sold 210 razors for $15,750 cash.
29
Replaced 28 razors that were returned under the warranty.
31
Recognized warranty expense related to December sales with an adjusting entry.
2008
Jan.5
Sold 123 razors for $9,225 cash.
17
Replaced 33 razors that were returned under the warranty.
31
Recognized warranty expense related to January sales with an adjusting entry.
On October 29,2007,Lobo Co.began operations by purchasing razors for resale.Lobo uses the perpetual inventory method.The razors have a 90-day warranty that requires the company to replace any nonworking razor.When a razor is returned,the company discards it and mails a new one from Merchandise Inventory to the customer.The company's cost per new razor is $15 and its retail selling price is $75 in both 2007 and 2008.The manufacturer has advised the company to expect warranty costs to equal 7% of dollar sales.The following transactions and events occurred.
2007
Nov.11
Sold 70 razors for $5,250 cash.
30
Recognized warranty expense related to November sales with an adjusting entry.
Dec.9
Replaced 14 razors that were returned under the warranty.
16
Sold 210 razors for $15,750 cash.
29
Replaced 28 razors that were returned under the warranty.
31
Recognized warranty expense related to December sales with an adjusting entry.
2008
Jan.5
Sold 123 razors for $9,225 cash.
17
Replaced 33 razors that were returned under the warranty.
31
Recognized warranty expense related to January sales with an adjusting entry.
10月29日,2007年,公司开始运作洛博购买剃须刀转售.洛博使用永续盘存方法.该剃须刀有90天的保修,要求该公司以取代任何nonworking剃刀.当剃刀返回,该公司抛弃它和一个新的邮件从商品清单给客户.在2007年和2008年该公司的成本为新剃刀是15美元和其零售价是75美元.制造商已通知该公司预计保修费用平等7 %的美元销售.下列交易和事件发生.
英语翻译On October 29,2007,Lobo Co.began operations by purchasin
英语翻译Beteen 1789,when the federal government began operations
英语翻译The space age officially began on October 4,1957,when th
英语翻译Walt and Roy Disney began their partnership on October 1
英语翻译3.Restore areas of naturalhabitat impacted by operations
英语翻译The stampede by companies to move operations offshore ha
英语翻译A park and ride facility was opened on October 1,2009 by
英语翻译Halloween is a holiday celebrated on October 31.By tradi
英语翻译With operations focused on key customer markets,we drive
英语翻译BP said it had temporarily halted drilling operations on
英语翻译open market operations:a process used by central banks w
英语翻译BC AgreementMEANINGAn agreement made between a purchasin