eveyjay
May 8, 2011, 06:51 AM
1. Pleasant Breeze is running a promotional special for December. For each fan purchased one light kit is included free with the order.
2. Supplier deliveries received today. There was a shortage of 7 Tropical Wind fans and 5 light kits.
3. One half of the amount due from Bowery Super Warehouse was received. The owner of the Super Warehouse signed a 60 day 8% note for the balance.
4. The two salesmen, Fred and Stan, submit monthly expense reports. Travel expenses for the month –
•Fred's expense report totals $560. He has $430 for travel and associated expenses, $110 of office supplies, and $20 for postage.
•Stan's total expenses are $860 – travel, $665; postage, $137; office supplies, $58.
5. Joe Black takes $8000 as a withdrawal at the end of each month.
2. Supplier deliveries received today. There was a shortage of 7 Tropical Wind fans and 5 light kits.
3. One half of the amount due from Bowery Super Warehouse was received. The owner of the Super Warehouse signed a 60 day 8% note for the balance.
4. The two salesmen, Fred and Stan, submit monthly expense reports. Travel expenses for the month –
•Fred's expense report totals $560. He has $430 for travel and associated expenses, $110 of office supplies, and $20 for postage.
•Stan's total expenses are $860 – travel, $665; postage, $137; office supplies, $58.
5. Joe Black takes $8000 as a withdrawal at the end of each month.