0
Do menards still have surplus returned merchandise truck load sales if so how can you find it?
Wiki User
∙ 13y ago
Yes they do, but do guys get all of it.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
When merchandise that was sold is returned a credit to sales returns and allowances is made True or False?
true
When merchandise is returned for a refund or for credit to be applied to other purchases the situation is called?
sales return
Tax merchandise sales?
YES
How much revenue does the NFL generate from merchandise sales?
Merchandise is the second greatest revenue source for the NFL. Each year the NFL generates two billion dollars from merchandise sales.
When a customer returns a purse back to the Louis Vuitton retail store do they put the returned merchandise back on the sales floor?
It will depend on the looks. If it has a scratch on it they will not. If it is still perfectly in the bag brand new they will put it on the sales floor. Almost all of the stores will do that!
Journal entry in financial accounting for purchase return?
Like sales discounts, sales returns and allowances reduce sales revenue. They also result in additional shipping and other expenses. Since managers often want to know the amount of returns and allowances for a period, the seller records sales returns and allowances in a separate account. Sales Returns and allowances is a "Contra (or offsetting) asset account to Sales. The seller debits Sales Returns and Allowances for the amount of the return or allowance. If the original sale was on account, the seller credits Accounts Receivable. Since merchandise inventory is kept up to date in a perpetual system, the seller adds the cost of the returned merchandise to the merchandise inventory account. The seller must also credit the cost of returned merchandise to the cost of merchandise sold account, since this account was debited when the original sale was made. What if the buyer pays cash and then later returns the merchandise. In this case the seller may issue a credit and apply it against other accounts receivables owed by the buyer, or the cash may be refunded. If the credit is applied against the buyer's other receivables, the seller records entries similar to those preceding. If cash is refunded for merchandise or for allowances, the seller debits sales returns and allowances and credits cash.
What is the rank of NASCAR drivers in merchandise sales 2008?
I assume you mean who makes the most money in merchandise sales, Dale Earnhardt Jr. His sales are more then the next 3 put together.
How does a film make money for the studio?
By cinema ticket sales, DVD/video sales and merchandise sales! :)
How much do sales people at menards make per hour?
they make about 10 dollars an hour
What is sales clerk's?
sales utility clerk is assistant and prepare some visual merchandise
What is sales utility?
sales utility clerk is assistant and prepare some visual merchandise
What does mos in retail sales mean?
"Marked Out of Stock"-for merchandise damaged on the sales floor.
