On November 1, 2012, Everett Janitorial Supply sold merchandise for $5,000, FOB destination, 2/10, n/30. The merchandise cost $3,200. Everett paid transportation costs of $100 to ship the goods to the customer. Please provide the journal entry to record transportation costs.
Definitions:
Limestone Caves
Natural cavities formed within limestone rock due to the dissolution of carbonate minerals by water, known for their unique formations and speleothems.
Quartz Crystals
Hard, crystalline minerals made of silica (SiO2), used in various applications due to their piezoelectric properties.
Sinkholes
Depressions or holes in the ground caused by the collapse of a surface layer, occurring in areas where the rock below is limestone, carbonate rock, salt beds, or other rocks that can be dissolved by groundwater.
Sinkhole
A natural depression formation caused by the dissolution of soluble bedrock or substrate collapse.
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