Record the following transactions in general journal form for Ford Education Outfitters and Romero Textbooks, Inc. a.

Question:

Record the following transactions in general journal form for Ford Education Outfitters and Romero Textbooks, Inc.

a. Ford Educational Outfitters bought merchandise on account from Romero Textbooks, Inc., invoice no. 10594, $ 1,875.34; terms net 30 days; FOB destination. Romero Textbooks, Inc., paid $ 93.80 for shipping.

b. Ford Education Outfitters received credit memo no. 513A from Romero Textbooks, Inc., for merchandise returned, $ 135.78.


Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Accounting

ISBN: 978-1111528126

11th edition

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

Question Posted: