Week 3 15 Purchased 13 sets of Sting Ray Golf Clubs from Sport Borders for $376
ID: 2521809 • Letter: W
Question
Week 3
15
Purchased 13 sets of Sting Ray Golf Clubs from Sport Borders for $376 each, terms net 30.
17
Purchased 11 Specialist Tennis Raquets from Hike for $280 each, terms 2/10, n/30.
17
Sold 3 Quidditch Snitches to Jump Around for $752 each, Invoice No. 384.
18
Paid sales staff wages of $1,530 for the week up to and including yesterday, Check No. 877.
19
Received a purchase order from Balls 'n All. Created a corresponding sales order to deliver 40 Quidditch Snitches to this customer for $752 each, Invoice No. 386.
20
Balls 'n All paid $3,700 in partial payment of their account.
20
Made cash sale of 24 MJO Basketball Sets for a list price of $576 each. A trade discount of 25% applies.
20
The Locker Room returned 8 pairs of Football Boots that were originally sold for $336 each on 11 June. These items cost $192 each and were not faulty or damaged. Issued a Credit Memorandum for $2,688.
INVENTORY CARDS
Sets Of Sting Ray Golf Clubs
Date
Purchases
Cost of Goods Sold
Balance
Units
Unit Cost
($)
Total Cost
($)
Units
Unit Cost
($)
Total Cost
($)
Units
Unit Cost
($)
Total Cost
($)
May
31
39
288
11232
15
376
5640
Jun
13
25
288
7200
14
288
4032
15
376
5640
Jun
Jun
Jun
Jun
(Q=530.Inventory2_week3)
MJO Basketball Sets
Date
Purchases
Cost of Goods Sold
Balance
Units
Unit Cost
($)
Total Cost
($)
Units
Unit Cost
($)
Total Cost
($)
Units
Unit Cost
($)
Total Cost
($)
May
31
21
248
5208
68
320
21760
Jun
Jun
Jun
Jun
(Q=530.Inventory3_week3)
Pairs Of Football Boots
Date
Purchases
Cost of Goods Sold
Balance
Units
Unit Cost
($)
Total Cost
($)
Units
Unit Cost
($)
Total Cost
($)
Units
Unit Cost
($)
Total Cost
($)
May
31
75
192
14400
Jun
11
18
192
3456
57
192
10944
Jun
Jun
Jun
Jun
(Q=530.Inventory4_week3)
Quidditch Snitches
Date
Purchases
Cost of Goods Sold
Balance
Units
Unit Cost
($)
Total Cost
($)
Units
Unit Cost
($)
Total Cost
($)
Units
Unit Cost
($)
Total Cost
($)
May
31
33
360
11880
19
416
7904
Jun
Jun
Jun
Jun
(Q=530.Inventory5_week3)
Specialist Tennis Raquets
Date
Purchases
Cost of Goods Sold
Balance
Units
Unit Cost
($)
Total Cost
($)
Units
Unit Cost
($)
Total Cost
($)
Units
Unit Cost
($)
Total Cost
($)
May
31
66
232
15312
Jun
9
14
232
3248
80
232
18560
Jun
Jun
Jun
Jun
Week 3
15
Purchased 13 sets of Sting Ray Golf Clubs from Sport Borders for $376 each, terms net 30.
17
Purchased 11 Specialist Tennis Raquets from Hike for $280 each, terms 2/10, n/30.
17
Sold 3 Quidditch Snitches to Jump Around for $752 each, Invoice No. 384.
18
Paid sales staff wages of $1,530 for the week up to and including yesterday, Check No. 877.
19
Received a purchase order from Balls 'n All. Created a corresponding sales order to deliver 40 Quidditch Snitches to this customer for $752 each, Invoice No. 386.
20
Balls 'n All paid $3,700 in partial payment of their account.
20
Made cash sale of 24 MJO Basketball Sets for a list price of $576 each. A trade discount of 25% applies.
20
The Locker Room returned 8 pairs of Football Boots that were originally sold for $336 each on 11 June. These items cost $192 each and were not faulty or damaged. Issued a Credit Memorandum for $2,688.
Explanation / Answer
INVENTORY CARDS Sets Of Sting Ray Golf Clubs Date Purchases Cost of Goods Sold Balance Units Unit Cost Total Cost Units Unit Cost Total Cost Units Unit Cost Total Cost ($) ($) ($) ($) ($) ($) May 31 39 288 11232 15 376 5640 Jun 13 25 288 7200 14 288 4032 15 376 5640 Jun 15 13 376 4888 14 288 4032 15 376 5640 13 376 4888 Jun Jun Jun (Q=530.Inventory2_week3) MJO Basketball Sets Date Purchases Cost of Goods Sold Balance Units Unit Cost Total Cost Units Unit Cost Total Cost Units Unit Cost Total Cost ($) ($) ($) ($) ($) ($) May 31 21 248 5208 68 320 21760 Jun 20 21 248 5208 3 320 960 65 320 20800 Jun Jun Jun (Q=530.Inventory3_week3) Pairs Of Football Boots Date Purchases Cost of Goods Sold Balance Units Unit Cost Total Cost Units Unit Cost Total Cost Units Unit Cost Total Cost ($) ($) ($) ($) ($) ($) May 31 75 192 14400 Jun 11 18 192 3456 57 192 10944 Jun 20 8 192 1536 65 192 12480 Jun Jun Jun (Q=530.Inventory4_week3) Quidditch Snitches Date Purchases Cost of Goods Sold Balance Units Unit Cost Total Cost Units Unit Cost Total Cost Units Unit Cost Total Cost ($) ($) ($) ($) ($) ($) May 31 33 360 11880 19 416 7904 Jun 17 3 360 1080 30 360 10800 19 416 7904 Jun Jun Jun (Q=530.Inventory5_week3) Specialist Tennis Raquets Date Purchases Cost of Goods Sold Balance Units Unit Cost Total Cost Units Unit Cost Total Cost Units Unit Cost Total Cost ($) ($) ($) ($) ($) ($) May 31 66 232 15312 Jun 9 14 232 3248 80 232 18560 Jun 17 11 280 3080 80 232 18560 11 280 3080 Jun Jun Jun
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